Grounds for Compromise Revisited: Individual Accounts

Brief

Grounds for Compromise Revisited: Individual Accounts

Abstract

Much of the public debate over Social Security reform has focused on a single issue: investing in privately owned but regulated accounts that hold stock and other assets. Indeed, last year both presidential candidates endorsed reform proposals that included some version of individual accounts. At least in these initial proposals, President Bush envisioned individual accounts as a substitute for part of Social Security, while Vice President Gore saw them as an add-on financed out of general revenues.

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Cross-Center Initiative

Cross-Center Initiative: 
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