He said what?!

Scott McClellan in today's WH presser:

That memo -- or that email is referring to the serious nature of Social Security and the crisis situation that we're in. It talks about how right now we have an unfunded liability of more than $10 trillion under the current system, and that's why we need to act to solve this problem.

Yep. All you out there who pay payroll taxes should know you're throwing money away. In fact, you're paying for a "liability!" Poooor Bush administration...so liable.