Bush Expected to Renew Support for Social Security Reform During State of Union; NCPA Experts Available to Provide Analysis of Proposal

1/20/2004

From: Sean Tuffnell of the National Center for Policy Analysis, 800-859-1154

News Advisory:

In his annual State of the Union address before a joint session of Congress tonight, President Bush is expected to renew his support for saving Social Security through investment-based reforms. As previously outlined during his 2000 campaign and throughout the first years of his administration, this would include allowing younger workers to invest a portion of their payroll taxes into personal retirement accounts.

Experts from the National Center for Policy Analysis (NCPA), one of the leading Social Security reform organizations, are available to provide analysis of the president's proposal. NCPA's Social Security experts include:

-- NCPA President John C. Goodman -- Dr. Goodman wrote one of the first published studies on investment-based Social Security reform, and has lectured and advised business groups and government officials in the U.S. and in other countries on Social Security reform.

-- NCPA Senior Fellow Thomas R. Saving -- Dr. Saving is one of two Public Trustees of the Social Security Trust fund and is the Director of the Private Enterprise Research Center at Texas A&M University. Dr. Saving also served on President Bush's Social Security reform commission.

-- NCPA Policy Chairman Pete du Pont -- Gov. du Pont, the former Governor of Delaware, has long been a leading voice in the movement to reform Social Security. As a candidate for the Republican presidential nomination in 1988, du Pont ran on a platform of investment-based Social Security reform. Columnist George Will said about du Pont's l988 campaign: "du Pont has the highest substance-to-blather ratio among candidates, even on subjects as sensitive as agriculture policy and Social Security."

Quick links for information on Social Security and reform:

NCPA's online home for Social Security reform: http://www.TeamNCPA.org

Quick Facts from the NCPA: http://www.mysocialsecurity.org/quickfacts/index.html

NCPA Research on the need for reform and related issues: http://www.ncpa.org/pub/sos.html

NCPA's reform plan: http://www.ncpa.org/pub/ba/ba417/

NCPA study on reform and stock market risk: http://www.ncpa.org/pub/st/st244/

The NCPA is an internationally known nonprofit, nonpartisan research institute with offices in Dallas and Washington, D. C. that advocates private solutions to public policy problems. We depend on the contributions of individuals, corporations and foundations that share our mission. The NCPA accepts no government grants.