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March 15, 2005
Title: Reduce Benefits and allow for Personal Retirement Acccounts, so says the CATO Institute.
Topic: Social Security
Discussed by Berna Brannon
with CATO Institute www.cato.org
Ms. Berna Brannon, the Social Security Analyst with the CATO Institute's Project on Social Security Choice, explains one option to fix the future funding obligation of Social Security is to index benefits to price increases not wage increases in the future. This would in effect reduce future benefits. Do you like this idea? The CATO Institute is also calling for Personal Retirement Accounts, like many other conservative organizations.
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