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Publication Date: December 2004
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Peter R. Orszag; William G. Gale; Jason Furman
Research Area: Banking and finance
Keywords: Economic projections; Economic inequality; Senior citizen; Retirement
Type: Report
Abstract:
Proposals to replace part of Social Security with individual accounts are now a focus of attention, with the President expressing a strong desire to push forward on creating individual accounts within Social Security. This paper considers the appropriate budgetary treatment of proposals to create such accounts.