Bachmann plans to hit Perry on Social Security

Mitt Romney and his advisers have been pushing hard against Rick Perry over the Texas governor’s description of Social Security as a “Ponzi scheme.” Now, another Republican rival, Michele Bachmann, is preparing to hit Perry on the same issue.

“Bernie Madoff deals with Ponzi schemes, not the grandparents of America,” says a Bachmann adviser. “Clearly she feels differently about the value of Social Security than Gov. Perry does. She believes Social Security needs to be saved, that it’s an important safety net for Americans who have paid into it all their lives.”