RE: Final questions for the Options for Reform Roundtable
- Date: Fri, 14 May 1999 16:43:19 -0400 (EDT)
- From: Scott Markowitz <redbeardsm@aol.com>
- Subject: RE: Final questions for the Options for Reform Roundtable
The longer the "war" against Serbia goes on, the less the chances
of passing anything meaningful this year. I'd say roughly a 2.
If I could pick one thing to do, it would be to use the current
surplus for individual accounts. This would serve two purposes -
one, it would let individuals start to actually earn money on their
forced contributions, and two, it would get the money out of the
hands of those darned politicians.
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> This is the final day for our roundtable. Thanks for all your
> contributions. A couple of last questions: Time is running out this
> year. How do you rank the chances of Social Security legislation
> on a scale of 1 to 10?.. If nothing happens it is 1. If there is
> 75 year solvency plan passed, the answer is 10. Do you think there
> will be a bi-partisan deal to do add-on accounts, like the USA
> accounts, and leave the tough decisions for a later Congress? If
> you could get a guarantee that Congress would pass, and President
> would sign, just one single option from the potential reform list,
> what would you pick? Use of 62% of budget surplus? 2% individual
> account carve-out ? raise the taxable wage-base? or any other item
> of your choice. Remember, you can pick just one thing to do, not
> a whole package. This forces a choice. Good luck.
>