GAO Primer Answers Questions On Social Security Reform Washington, D.C., May 17*The U.S. Government Accountability Office (GAO) today issued a primer on Social Security reform, designed to help further public understanding of the issues facing the nation in ensuring the long-term solvency of the nation's primary retirement and disability income security program.
"Social Security's financing challenge is a sub-set of our nation's overall fiscal challenge. Once clearly explained, the choices we face are not difficult to understand, but they are difficult to make. However, the sooner our nation acts to address Social Security's long-term financial challenges, the easier it will be to successfully meet them in a fair and fiscally responsible manner," David M. Walker, comptroller general of the United States and head of GAO, said in releasing the primer. The guide (GAO-05-193SP, May 2005) provides answers to questions about the most basic aspects of the Social Security and reform issues in a concise and easy-to-understand format. It provides straightforward answers to how Social Security works, why it needs reform, what the basic options are, and how to assess their implications. It also includes a glossary of terms and bibliography of related GAO products. REPORT: Social Security Reform: Answers to Key Questions GAO-05-193SP, May 2005 http://www.gao.gov/cgi-bin/getrpt?GAO-05-193SP =========================================================== This list is produced by the Government Accountability Office to provide daily information about GAO Reports and Testimony. Access GAO on the web at http://www.gao.gov
