Commission to Strengthen Social Security

Description:

On May 2, President Bush announced establishment of a bipartisan, 16-member Commission "to study and report … specific recommendations to preserve Social Security for seniors while building wealth for younger Americans." The Commission will provide bipartisan recommendations to the President for modernizing and restoring fiscal soundness to the Social Security System according to the following principles: modernization must not change Social Security benefits for retirees or near retirees; the entire Social Security surplus must be dedicated to Social Security only; Social Security payroll taxes must not be increased; the Government must not invest Social Security funds in the stock market; modernization must preserve Social Security's disability and survivors components; and modernization must include individually controlled, voluntary personal retirement accounts, which will augment the Social Security safety net.

Creator(s): President's Commission to Strengthen Social Security
Location(s): United States
Creation Date: May 21, 2001
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Usage:
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Publisher Info:
Date(s):
  • Creation: May 21, 2001
  • Digitized: 2006
Coverage:
Place
United States
Description:

On May 2, President Bush announced establishment of a bipartisan, 16-member Commission "to study and report … specific recommendations to preserve Social Security for seniors while building wealth for younger Americans." The Commission will provide bipartisan recommendations to the President for modernizing and restoring fiscal soundness to the Social Security System according to the following principles: modernization must not change Social Security benefits for retirees or near retirees; the entire Social Security surplus must be dedicated to Social Security only; Social Security payroll taxes must not be increased; the Government must not invest Social Security funds in the stock market; modernization must preserve Social Security's disability and survivors components; and modernization must include individually controlled, voluntary personal retirement accounts, which will augment the Social Security safety net.

Note:

earliest date on site: 2001-05-21
date site last modified: 2002-03-19
site harvested: 2002-05-01
site uploaded to UNT server:

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Alternate Title: President's Commission to Strengthen Social Security
Partner:
UNT Libraries Government Documents Department
Collection:
CyberCemetery
Identifier:
Resource Type: Website
Format: Website
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