Social Security: Will You Get What You Paid For?

Date(s) - 11/25/19
12:00 pm - 1:15 pm

Ida Noyes Hall University of Chicago

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Social Security: Will You Get What You Paid For?

Mon, November 25, 2019 12:00 PM – 1:15 PM

Social Security remains the largest program in the federal budget, providing over one trillion dollars in benefits to approximately 64 million Americans in 2019. That number will only grow over the next several decades, as the Congressional Budget Office projects significant cost increases due to an aging population and rising health care expenses. While federal budget continues to run deficits, can the Social Security Administration operate sustainably? If so, how? What would a future look like without the United States’ largest social safety net?

Join the IOP as we welcome former Senator Heidi Heitkamp (D-ND) and former Director of the U.S. National Economic Council Gary Cohn for a bipartisan conversation on the future of Social Security.Sen. Heitkamp served six years (2013-2019) as the first female senator elected from North Dakota. She previously served as North Dakota’s Tax Commissioner and, later, as the state’s Attorney General. Before his appointment as NEC Director and Assistant to President Trump for Economic Policy, Mr. Cohn served as Goldman Sachs’s President and Chief Operating Officer from 2006-2016.