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Treasury Experts Split on Social Security Plan; and, a Review of Treasury Department Research Papers
The Hill
Feb. 16, 2005
Excerpt: The Bush administration's political appointees and career economists are divided over whether to transform Social Security into a system of private retirement accounts. The conflict emerged last week when Edward Prescott, a winner of the Nobel Prize in economics, briefed Treasury Department economists to discuss Social Security privatization as part of the department's effort to build support for its plan in academia and on Capitol Hill.
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