Michael Tanner explains the current Social Security structure of "pay-as-you-go"

Tanner, Director of the Cato Institute’s Project on Social Security Choice, says the "pay-as-you-go" structure is central to Social Security reform. He states that when you pay Social Security taxes, none of that money is put away for your retirement. Instead, the money is used to pay benefits to those already retired. (:52)

[?]
Share This
 
icon for podpress  Standard Podcast: Play Now | Play in Popup | Download

February 22, 2005

Leave a Reply


Latest Audio

  • Economic recovery package expected to provide subsidies for COBRA premiums
  • Obama’s Attorney General nominee fits criteria better than Alberto Gonzales
  • Leahy: Marc Rich pardon a question for Clinton, not Holder
  • Pelosi will push to repeal Bush tax cuts

Happening Now - TRNS on Twitter

  • @ellenratner: On stra(egy room. A great hour. We are having fun!!! -- 2 hours ago
  • @ellenratner: On Fox's Strategy Room talking about the inauguration -- 1 day ago
  • @ellenratner: On Strategy Room. Now. The ADD hour. -- 2 days ago
  • @jtamboli: Watching video of the Dalai Lama counselling my boss last week.. -- 4 days ago

Close
E-mail It