Featuring the author Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School; with comments by Andrew Olmem, Partner, Venable LLP; moderated by Mark Calabria, Director, Financial Regulation Studies, Cato Institute.
Featuring William Niskanen, Chairman, Cato Institute; Michael Tanner, Director
Cato Institute Project on Social Security Choice; Jagadeesh Gokhale, Senior Fellow,
For deficit hawks from both parties, Social Security reform appears to force difficult choices. The current system faces an $11.9 trillion short fall. Personal accounts will save trillions but require cash up-front. Three experts from the Cato Institute will examine the budgetary issues surrounding Social Security reform and whether personal accounts can be created in a fiscally responsible way.