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Social Security's Long-Term Solvency

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Social Security's Long-Term Solvency

Social Security Debate

Social Security's Long-Term Solvency

Social Security's Long-Term Solvency

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  • <iframe src="https://www.npr.org/player/embed/4563979/4563980" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Despite their ambitious approach, President Bush's private accounts won't solve Social Security's long-term financial problems. Officials say a lasting solution would include tax hikes or benefit cuts — which could include testing recipients' means, or raising the retirement age. We consider the options.

Guests:

Jo Anne Barnhart, Social Security Administration commissioner

Maya Mac Guineas, president, Committee for a Responsible Federal Budget; director, Fiscal Policy Program

Peter Orszag, economic studies senior fellow at the Bookings Institute