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The Wrong Social Security Debate: It Is Not About Trust Funds

The report by the trustees of the OASI trust fund forecasts thatSocial Security may not run out of its paper assets until 2034. ....

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Hard Questions Remain for the Social Security Lockbox

The Senate and the House of Representatives are consideringenforceable mechanisms to preserve the surplus generated by SocialSecurity. ....

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Reforming Sarbanes-Oxley: How to Restore American Leadership in World Capital Markets

The complex Sarbanes-Oxley law has generated unanticipated negative consequences in its attempt to clean up Wall Street accounting and reporting practices. The cost to the U.S. economy is enormous: $35billion in direct costs and up to $1.4 trillion in indirect costs.Numerous companies have either dropped their U.S. registration orhave simply listed their companies on overseas exchanges. ....

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Congress Should Give Retirees a Guarantee to Their Social SecurityBenefits

Creating an explicit property right to Social Security retirementbenefits would protect those who are least able to afford benefitreductions and give them the peace of mind they deserve. Opponentsof reform should refrain from rhetoric that scares senior citizensand instead make certain that the debate focuses on the importantproblems within the system itself. ....

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