With Social Security on a steep descent to $6.5 trillion in unfunded obligations during the next 75 years, Senator Hutchison’s Defend and Save Social Security Act would secure the future of the program without raising taxes or cutting core benefits. Under current law, retirees’ monthly benefits would be cut nearly one-fourth, beginning in 2036. Hutchison’s plan would ensure Social Security’s solvency by gradually increasing the retirement age (over 16 years) to 69 and instituting a modest one percent reduction in the annual cost-of-living adjustment.
Hutchison’s plan involves common-sense, gradual reform that strengthens Social Security for current and future retirees.
The Honorable Kay Bailey Hutchison (R-TX)
United States Senator
Followed by a Panel Discussion with
Andrew G. Biggs
Resident Scholar, American Enterprise Institute
Jason J. Fichtner, Ph.D.
Senior Research Fellow, Mercatus Center at George Mason University
Senior Research Fellow in Retirement Security and Financial Institutions, The Heritage Foundation
Senior Fellow and Director of Government Finance Programs
While this event has passed, we have archived its content and discussion in our archive.
Do you have any questions about this event or want more information? We'd be happy to help. We have answers to many of our frequently asked questions at your disposal, or you may also contact:
PROGRAM COORDINATOR, LECTURES & SEMINARS
"The Constitution," pledged George Washington, "is the guide which I will never abandon." Can we say the same today?The Heritage Guide to the Constitution, — Read more
On July 12, 1862, Abraham Lincoln spoke for the first time of his intention to free the slaves. On January 1, 1863, Lincoln signed — Read more
Money had long been an issue in American politics, going back at least to the time of President Andrew Jackson when Congress considered a bill — Read more
Last term, the Supreme Court addressed such hot button issues as the Obamacare contraception mandate, campaign finance reform, protests outside abortion clinics, unions, and legislative — Read more
The Constitution requires that the President “faithfully” execute the laws. What happens when the President fails in this duty? Time and again, President — Read more
John Locke believed that every person has an inalienable right to “life, liberty, and property.” The United States adopted the world’s first written constitution — Read more
In his new book, Fred Siegel rewrites the history of modern American liberalism. He posits that what we think of liberalism today began not — Read more
The United States has a long history of voter fraud that has been documented by historians and journalists. Such fraud can make the difference — Read more
Today, the question of the legal and moral status of corporations is more important than ever. Recent Supreme Court decisions in cases like Hobby — Read more
The Heritage Foundation’s Edwin Meese III Center for Legal and Judicial Studies is honored to host Judge Janice Rogers Brown as the seventh speaker of — Read more
The Heritage Foundation is the nation’s most broadly supported public policy research institute, with hundreds of thousands of individual, foundation and corporate donors. Heritage, founded in February 1973, has a staff of 275 and an annual expense budget of $82.4 million.
Our mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense. Read More
Receive updates from Heritage about current events and initiatives in your email inbox
Already Signed up?
© 2014, The Heritage Foundation Conservative policy research since 1973