Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

May 18, 2005
JS-2455

MEDIA ADVISORY
The U.S. Department of Treasury to Host Economic Roundtable,
“The Need to Strengthen Social Security”

Secretary John W. Snow will host a roundtable event, "The Need to Strengthen Social Security," at the Treasury Department on Thursday, May 19th, from 9 a.m. to 12 p.m.
 
The event will bring together some of the nation's leading economists for a conversation on the problems facing Social Security and the best way to structure a permanent solution. The program will include a panel discussion, "Yesterday's Promises + Tomorrow's Demographics = Today's Challenge," followed by remarks from some of the leading voices in the Social Security debate.
 
Roundtable participants will include Harvey S. Rosen, Chairman of the President's Council of Economic Advisers; Robert C. Pozen, Chairman, MFS Investment Management; Benjamin J. Stein, renowned author, economist, lawyer, and entertainer; Mark J. Warshawsky, Treasury Assistant Secretary for Economic Policy; Carolyn L. Weaver, former Director of Social Security & Pension Studies at the American Enterprise Institute; Sylvester J. Schieber, Vice President and Director of U.S. Benefits Consulting at Watson Wyatt  Worldwide; Dr. June O'Neill, former Director of the Congressional Budget Office; and Charles P. Blahous, Special Assistant to the President for Economic Policy.
 
"President Bush has laid out goals for reform – to ensure that future generations receive benefits equal to or greater than today's seniors; to protect those who depend on Social Security the most; and to replace the empty promises being made to younger workers with real money," said Secretary Snow. "The Department of the Treasury and the Council of Economic Advisers share the President's vision for bipartisan Social Security reform and Thursday's roundtable will move the policy discussion forward."
 
The following event is open to credentialed media with photo identification (credentials must be visible at all times). Full agenda follows below.

Thursday, May 19th
 
"The Need to Strengthen Social Security" 
U.S. Department of the Treasury
Cash Room
1500 Pennsylvania Avenue, NW
Washington, D.C.
9:00 a.m. to 12:00 p.m. EDT
** Media without Treasury credentials must send their name, organization, date of birth and Social Security number to Frances Anderson at
frances.anderson@do.treas.gov or (202) 528-9086 by 5pm today. 
 
AGENDA
 
The Need to Strengthen Social Security:
A Roundtable by the U.S. Department of the Treasury

 
 
Schedule of Proceedings

9:00 am 
Welcome:        
The Honorable John W. Snow
Secretary of the Treasury

9:15 am
Speaker: Ben Stein
Renowned author, economist, lawyer, and entertainer
 
9:30 am
Panel: "Yesterday's Promises + Tomorrow's Demographics = Today's  Challenge"
 
Moderator:
The Honorable Mark J. Warshawsky
Assistant Secretary for Economic Policy
U.S. Department of the Treasury
 
Panelist:           
Carolyn L. Weaver, Ph.D.
Former Director of Social Security & Pension Studies,
American Enterprise Institute
"Yesterday's Promises"
                       
Panelist:           
Sylvester J. Schieber, Ph.D.
Vice President, Watson Wyatt Worldwide
"Tomorrow's Demographics"
 
Panelist:           
The Honorable June O'Neill
Former Director, Congressional Budget Office
"Today's Challenge"
 
10:30 am
Scheduled Break
 
10:45 am       
Speaker: Robert C. Pozen
Chairman, MFS Investment Management
"On Progressive Indexing"
 
11:15 am       
Speaker:The Honorable Harvey S. Rosen
Chairman, Council of Economic Advisers
"The Case for Personal Retirement Accounts"
 
11:30 am       
Speaker: The Honorable Charles P. Blahous
Special Assistant to the President for Economic Policy,
National Economic Council
"Tying It All Together"