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Social Security to be Top Domestic Priority for Bush

November 9, 1999

Social Security to be Top Domestic Priority for Bush Over the weekend, George W. Bush's top economic advisor stated that Bush would make Social Security reform incorporating personal retirement accounts "his first major expenditure of political capital." Former Federal Reserve Board Member Lawrence B. Lindsey told the Washington Times that Bush's proposals "will certainly involve privatization or personal accounts."

Michael Tanner, Director of Cato's Project on Social Security Privatization, reacted enthusiastically to the news. "There is no policy better for the economic security of the country and the retirement security of seniors than Social Security privatization," Tanner said. "That Bush is willing to spend political capital on social security reform is an encouraging sign."

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"For the White House, Cato is an indispensable source of expertise-with two decades of pro-privatization research and lobbying under its belt, it knows more about the issue (of Social Security) than just about anyone else in Washington."

- Ryan Lizza
The New Republic
August 13, 2001