Capitol Hill Briefing

Social Security Reform for Deficit Hawks

May 26, 2005 12:00 PM to 1:30 PM EDT

Please note room change to B-369 Rayburn House Office Building

Featuring William Niskanen, Chairman, Cato Institute; Michael Tanner, Director Cato Institute Project on Social Security Choice; Jagadeesh Gokhale, Senior Fellow, Cato Institute

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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.