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Friday May 16, 2008

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RESEARCH AND COMMENTARY

Save to My PortfolioFacing the Music: The Fiscal Outlook at the End of the Bush Administration

Alan J. Auerbach, Jason Furman and William G. Gale, May 08, 2008, The Brookings Institution

Facing the Music: The Fiscal Outlook at the End of the Bush Administration

This paper discusses the most recent Congressional Budget Office baseline projection, and uses it to examine the causes of the fiscal decline since 2000 and the medium- and longer-term fiscal outlook.

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RESEARCH AND COMMENTARY

Save to My PortfolioBudget Chaos: What, Me Worry?

Bill Frenzel and Ron Haskins, April 07, 2008, The Washington Times

Budget Chaos: What, Me Worry?As the baby boomers begin to retire this year, the burden of Social Security, Medicare and Medicaid will grow relentlessly. With more people in the programs and more expensive benefits, the nation will quickly encounter a budget disaster. Bill Frenzel and Ron Haskins say that dramatic reforms are needed to avoid budget chaos for future generations. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioTaking Back our Fiscal Future

April 2008, The Brookings Institution and the Heritage Foundation

Unsustainable deficits in the federal budget threaten the health and vigor of the American economy. When the next president and Congress take office in January 2009, they will face one crucial question that has been almost absent from the current election campaign: how to close the enormous gap between projected federal spending and revenues. Read More

PAST EVENT

Save to My PortfolioTaking Back Our Fiscal Future

Monday, March 31, 2008
Washington, DC

Reuters/Peter MorganSome of the nation’s top economists and budget policy experts presented a new paper arguing that the first step toward establishing budget responsibility is to reform the budget decision process so that Social Security, Medicare and Medicaid—the major drivers of escalating deficits—are no longer on auto-pilot. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioBudget Crisis, Entitlement Crisis, Health Care Financing Problem—Which Is It?

Henry J. Aaron, Fall 2007, Health Affairs

Henry Aaron raises questions about the health-care budget and finding solutions to this long term problem. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioWhy the 2005 Social Security Initiative Failed, and What it Means for the Future

William A. Galston, September 21, 2007, NYU John Brademas Center

Italian PM Berlusconi addresses a joint session of the US Congress in the Capitol in WashingtonPresident Bush made Social Security reform his top domestic priority in 2004. In this paper, Brookings's William Galston examines why the president's proposal failed and the politics of Social Security reform.  Read More

RESEARCH AND COMMENTARY

Save to My PortfolioCoping with Demographic Uncertainty

Jason Furman, September 2007, New York University - John Brademas Center for the Study of Congress

Paper by Jason Furman (September 2007) Read More

RESEARCH AND COMMENTARY

Save to My PortfolioSocial Security Smorgasbord? Lessons from Sweden's Individual Pension Accounts

R. Kent Weaver, June 2005, The Brookings Institution

Policy Brief #140, by R. Kent Weaver (June 2005) Read More

RESEARCH AND COMMENTARY

Save to My PortfolioPension Reform and Saving

Barry P. Bosworth and Gary Burtless, January 05, 2004, The Brookings Institution

Paper by Barry P. Bosworth and Gary Burtless (1/5/04) Read More

RESEARCH AND COMMENTARY

Save to My PortfolioSupply-Side Consequences of Social Security Reform: Impacts on Saving and Employment

Barry P. Bosworth and Gary Burtless, January 2004, Center for Retirement Research at Boston College

Paper by Barry Bosworth and Gary Burtless, Center for Retirement Research at Boston College (January 2004) Read More

RESEARCH AND COMMENTARY

Save to My PortfolioPension Reform and Incentives for Saving and Retirement

Barry P. Bosworth and Gary Burtless, February 2003, 5th International Forum of the Collaboration Projects, Economic and Social Research Institute

A paper by Barry P. Bosworth and Gary Burtless ((1/29/2003) Read More

RESEARCH AND COMMENTARY

Save to My PortfolioVoluntary Individual Accounts: The Lessons from the U.K. Experience

Peter R. Orszag, July 31, 2001, House Committee on Ways and Means, Subcommittee on Social Security

Testimony by Peter R. Orszag, Senior Fellow, The Brookings Institution, before the United States House Committee on Ways and Means, Subcommittee on Social Security, July 31, 2001 Read More

RESEARCH AND COMMENTARY

Save to My PortfolioDistributional Impact of Social Security Reforms: Summary

Barry P. Bosworth, Claudia Sahm and Gary Burtless, August 2000, The Brookings Institution

A paper by Barry Bosworth, Gary Burtless, and Claudia Sahm (8/22/2000) Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Effects of Social Security Reform on Saving, Investment, and the Level and Distribution of Worker Well-Being

Barry P. Bosworth and Gary Burtless, January 2000, Center for Retirement Research at Boston College

The Effects of Social Security Reform on Saving, Investment, and the Level and Distribution of Worker Well-Being Read More

In Brief

Social Security, instituted in 1935, has provided tens of millions of Americans with income for retirement. Currently, more money is collected in Social Security taxes from workers than is paid out to retirees – but that ratio will reverse in just a few years when the “baby boomers” start to retire. Options to close the gap include more borrowing, higher taxes or reduced benefits.

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Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers. Read More

ExpertLael Brainard

Lael Brainard is vice president and director of Global Economy and Development. She focuses on competitiveness, trade, international economics, U.S. foreign assistance and global poverty.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare, and how citizens and public servants can advance sound governance.

ExpertRon Haskins

A former White House and congressional advisor on welfare issues, Ron Haskins co-directs the Brookings Center on Children and Families. He is an expert on preschool, foster care and poverty.

ProgramGlobal Economy and Development

Global Economy and Development advances research, dialogue, and innovative solutions to address the forces of globalization and the challenges of global poverty.

ExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.

ProgramMetropolitan Policy Program

Redefining the challenges facing metropolitan America and promoting innovative solutions to help communities grow in more inclusive, competitive and sustainable ways.

Policy CenterEngelberg Center for Health Care Reform

The Engelberg Center for Health Care Reform provides practical solutions to achieve high-quality, innovative, affordable health care with particular emphasis on identifying opportunities on the national, state and local levels.

ExpertMartin S. Indyk

Ambassador to Israel and assistant secretary of state for near east affairs during the Clinton Administration, Martin Indyk directs the Saban Center for Middle East Policy. He currently focuses on the Clinton administration’s diplomacy and the Arab-Israeli conflict.

ExpertThomas Mann

A noted congressional scholar, Tom Mann writes and speaks widely on issues related to campaigns, elections and the effectiveness of Congress.

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

ExpertAlice M. Rivlin

Alice Rivlin, the first director of the Congressional Budget Office, is an expert on urban issues as well as fiscal, monetary and social policy. She directs the Greater Washington Research project. 

Policy CenterSaban Center for Middle East Policy

The Saban Center conducts original research and develops innovative programs to promote a better understanding of the policy choices facing American decisionmakers in the Middle East.

Policy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.