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Social Security Reform: An Analysis Of The Ball/Altman Three-Point Plan, Kathryn L. Moore
Social Security Reform: An Analysis Of The Ball/Altman Three-Point Plan, Kathryn L. Moore
Law Faculty Scholarly Articles
In light of Social Security's long-term funding deficit, Robert Ball, a long-serving former Commissioner of the Social Security Administration, has proposed a three part plan that would bring the Social Security system into close actuarial balance. The first part of the plan consists of gradually increasing the maximum earnings base until it reaches 90 percent of earnings. The second part of the plan calls for dedicating the estate tax to funding Social Security beginning in 2010, and the third part of the plan consists of investing a portion of the Social Security trust fund in equities. Nancy Altman, Chairman of …