I think we saw this coming

Bush for weeks, hesitant to come down on the issue of whether raising the cap on the Social Security tax was akin to "raising taxes" and now backed into a corner and looking for support has now said he's all for it:

President Bush says he has not ruled out raising taxes on those who earn more than $90,000 a year to help bolster Social Security's finances.

Under the current system, payroll taxes are paid only on the first $90,000 in wages. Bush has repeatedly said that he opposes raising taxes, but his advisers have been intentionally vague about whether he would also rule out subjecting a greater share of pay to the existing tax.

Asked directly, Bush said that he would not rule out raising that cap, though he does not want to see the payroll tax rate go up.

Now how causing someone to pay more in taxes than they would have previously isn't "raising taxes," I'm not sure. So I think this counts as a flip-flop.

Meanwhile, Harry Reid responds:

"While I welcome President Bush's candor to the Social Security debate, too many unanswered questions remain about his privatization plan. As he continues to push for private accounts, I hope the President will come clean about how much benefits will be cut and how much debt will be accumulated under his plan."