New retirement accounts

[National Dialogue Moderator <moderator>]

President Clinton proposed a new Universal Savings Account, to be funded
from the budget surplus. Rep. Kasich and Sen. Roth also are interested
in using the surplus for new retirement accounts. Could this be the
basis for a bi-partisan compromise even if nothing more happens on the
Social Security issue? Are these accounts a good idea? Would they help
national savings? And would they make it easier later to trim Social
Security benefits because people will have more retirement assets
because of these accounts?.

Bob Rosenblatt
Los Angeles Times