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Long-Term Analysis of Plan 2 of the President's commission to Strengthen Social Security [i] (July 2004)

handle is hein.congrec/cbo8624 and id is 1 raw text is: CONG RESSIONAL BUDUGET OF FICE Douglas Holtz-Eaki, Director U.S. Congress Washington, DC 20515 July 21, 2004 Honorable Larry E. Craig Chairmnan Special Committee on Aging United States Senate Washington, D.C. 20510 Dear Mr. Chairmnan: In response to your request, the Congressional Budget Office has prepared a long-termn analysis of Plan #2 in the December 2001 report of the President's Commission to Strengthen Social Security, Strengthening Social Security and Creating Personal Wealth for All Americans. The CBO analysis considers the impact that the proposed reform would have on the Social Security program, the federal budget, the U.S. economy, and present and future beneficiaries. If you wish further details on this analysis, we would be pleased to provide them. The CBO staff contact is Noah Meyerson, who can be reached at 225-2592. Sincerely, Douglas Holtz-Eakin Enclosure cc: Honorable John B. Breaux Ranking Member Honorable Charles E. Grassley Chairmnan Committee on Finance Honorable Max Baucus Ranking Democratic Member www.cbo.gov

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