House Democrats propose Social Security plan

From U.S. Newswire:

WASHINGTON, July 26 /U.S. Newswire/ -- House Democratic Leader Nancy Pelosi joined Reps. Bob Menendez (D-N.J.), Charles Rangel (D-N.Y.), Ben Cardin (D-Md.), Earl Pomeroy (D-N.D.), Ron Kind (D-Wis.), and Rahm Emanuel (D-Ill.) at a news conference this afternoon to unveil House Democrats' new retirement security plan, AmeriSave.

Details on the plan aren't available yet, but does anyone think tax increases are not involved? Anyone?...Anyone?.... Didn't think so.

More:
House Democrats roll out retirement plan CNN
Democrats to Offer Retirement-Savings Plan Washington Post
Democrats introduce savings plan MarketWatch
AmeriSave: Recycled Good Ideas that Avoid the Main Problem Heritage Foundation
Here's the Dem's "plan" in place of Social Security reform Social Security Choice

Update: Neal Boortz also comes to the conculsion that tax increases are in the cards. (Hat Tip: WMD)