CSIS, Concord Coalition to Convene Bipartisan Social Security Reform Conference

Press Release
Thursday, June 30, 2005

social security reform:

Is There a Bipartisan Solution?

Thursday, June 30, 2005 8:00 a.m. to 2:00 p.m. CSIS 1800 K Street, N.W. B-1 conference level

8:30 a.m. - 9:15 a.m.: Introductory Address David Walker Comptroller General, GAO

9:15 a.m. - 10:45 a.m.: Panel 1: “The Dimensions of the Problem--and the Possible Solutions”

Chaired by Rudy Penner, Senior Fellow, Urban Institute Elizabeth Robinson, Deputy Director, CBO Eugene Steuerle, Senior Fellow, Urban Institute Peter Orszag, Senior Fellow, The Brookings Institution Sylvester Schieber, Vice President & Director, Watson Wyatt Worldwide Estelle James, International Consultant on Pension Reform

11:00 a.m. - 12:30 p.m.: Panel 2: “Fashioning a Grand Compromise”

Chaired by Warren Rudman, Former U.S. Senator and Co-chairman, The Concord Coalition Don Nickles, Former U.S. Senator (R-OK) Tim Penny, Former U.S. Representative (D-MN)) Charles Stenholm, Former U.S. Representative (D-TX)

12:30 - 2:00: Luncheon Address

Peter G. Peterson Chairman, The Blackstone Group President, The Concord Coalition

CSIS, Concord Coalition to Convene Bipartisan Social Security Reform Conference

WASHINGTON, June 28, 2005-- David Walker, U.S. Comptroller General, and Peter G. Peterson, former chairman of the Federal Reserve Bank of New York (2000-04), chairman of the Blackstone Group, and president of The Concord Coalition, will join a distinguished, bipartisan group of policy and opinion leaders at a joint Center for Strategic and International Studies (CSIS) and Concord Coalition conference designed to get the increasingly polarized Social Security debate back on track. The conference will begin at 8:30 A.M. on Thursday, June 30, at CSIS, 1800 K Street, NW, B-1 conference level. Political leaders from both parties--including former Sens. Warren Rudman (R-NH) and Don Nickles (R-OK) and former Reps. Tim Penny (D-MN) and Charles Stenholm (D-TX)--will participate in a series of panel discussions on the dimensions of the Social Security challenge and prospects for a bipartisan solution. “Social Security promises more in benefits than it can afford to pay. It offers younger workers a deteriorating deal on their contributions. And--despite its large and rising cost--it leaves millions of elderly in poverty,” said Richard Jackson, director of the CSIS Global Aging Initiative. Robert Bixby, executive director of the Concord Coalition, added: “Social Security reform is among the greatest challenges facing America in the 21st century. CSIS and Concord are concerned that the opportunity for meaningful reform may soon be lost unless the responsible center again finds its voice.” CSIS is an independent, nonpartisan policy research organization. The Concord Coalition is a nonpartisan grassroots organization dedicated to generationally responsible fiscal policy.

Contact: Laura Wilkinson, CSIS 202-775-3242 Tristan Cohen, Concord Coalition 703-894-6222