Retirement
Short-term revenue effects of overall limits on exceptionally large retirement accounts
The federal budget is on an unsustainable path. Increased longevity, the retirement of the large baby boom generation, and rapidly increasing medical costs will drive spending on Social Security, Medicare, and Medicaid sharply upward over the next three decades unless their current structure is radically changed. At this public release of the new Brookings book, Restoring Fiscal Sanity 2005, experts and policymakers will provide an assessment of the long-run outlook for the federal budget and suggest specific steps that could be taken to increase government revenues and reduce spending, especially on the big three entitlement programs.
Agenda
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April 14
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Implications and Prospects
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Moderator
Isabel V. Sawhill Senior Fellow Emeritus - Economic Studies, Center for Economic Security and Opportunity @isawhill
William G. Gale The Arjay and Frances Fearing Miller Chair in Federal Economic Policy, Senior Fellow - Economic Studies, Urban-Brookings Tax Policy Center -
Overview
Alice M. Rivlin Former Brookings Expert
Isabel V. Sawhill Senior Fellow Emeritus - Economic Studies, Center for Economic Security and Opportunity @isawhill -
Social Security, Health, and Taxes
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