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Social Security the Presidents Proposal

By Walker, David M.

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Book Id: WPLBN0000019225
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
Full Text

Title: Social Security the Presidents Proposal  
Author: Walker, David M.
Language: English
Subject: Government publications, Accountability in government, United States. General Accounting Office
Collections: Government Library Collection, Government Accountability Integrity Reliability Office Collection
Publication Date:
Publisher: United States General Accounting Office (Gao)


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Walker, D. M. (n.d.). Social Security the Presidents Proposal. Retrieved from

Government Accountability Integrity Reliability Office Collection

Excerpt: It is a pleasure to be here today to discuss the President?s most recent proposal for addressing Social Security and use of the unified budget surplus. This proposal concerns one of the most important issues facing the nation, both now and over the longer term. Social Security forms the foundation for our retirement income system and, in so doing, provides benefits that are critical to the well-being of millions of Americans. Current unified budget surpluses provide a valuable opportunity to improve the nation?s capacity to address the looming fiscal challenges arising from the retirement of the baby boom generation and transition to a more sustainable Social Security program. As you know, Mr. Chairman, a wide array of proposals have been put forth to restore Social Security?s solvency, and the Congress will need to determine which proposals or elements thereof best reflect our country?s goals for this retirement income program.


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