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GAO Testimony: Analysis of Issues and Selected Social Security Reform Proposals
U.S. Government Accountability Office [GAO]
Jan. 16, 2003
26 pages. "Without reform, Social Security, Medicare, and Medicaid are unsustainable, and the long-term impact of these entitlement programs on the federal budget and the economy will be dramatic. Over the past few years, a wide array of proposals has been put forth to restore Social Security's long-term solvency, and a commission established by the President has presented three models for modifying the current program. The Commission's final report called for a period of discussion lasting at least a year before legislative action is taken to strengthen and restore sustainability to Social Security. We have also done a qualitative review of three other proposals introduced in the 107th Congress." [GAO-03-376T, Jan. 15, 2003]
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