Publication

US President Bush highlighted Social Security reform as a priority during his second term. Public opinion polls that show fewer than 50% of respondents are confident that Social Security can meet its long-term commitments. In addition, there is growing public perception that Social Security may not be as good a value for future retirees. These concerns and a belief that the nation must increase its national savings (partly in response to the projected increase in the number of people age 65 and older) have led to proposals to redesign the system.