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.
Following Speaker Gingrich’s previous address on “The Principles of Trumpism,” he continues his reflections this month in a 6-part series of presentations on understanding the — Read more
School choice is gaining more attention than ever, and for good reason. Research has demonstrated that education choice improves academic achievement and is — Read more
A book event Gosnell – now a major movie starring Dean Cain (Lois & Clarke) – reveals how the investigation that brought Gosnell to — Read more
Co-hosted by HUSH is the result of an unusual team looking honestly at a highly sensitive and controversial topic. When “pro-choice” Director Punam Kumar Gill, — Read more
The trope of the nation’s “crumbling roads and bridges” was a constant fixture throughout the 2016 campaign. Now, the President-elect has promised a massive — Read more
The Iran Wars documents the U.S. conflict with Iran since 9/11 and how it's reshaped the Middle East. The book follows the conflicts in — Read more
The Goldwater Institute, in collaboration with Stanley Kurtz of the Ethics and Public Policy Center, is offering model state-level legislation designed to safeguard freedom of — Read more
Since the end of World War II, there have been 181 insurgencies around the world. In fact, most modern warfare occurs in the form — Read more
Chairman Roskam will discuss the pillars of pro-growth tax reform: growth, simplicity, and service. He will speak on the urgent need to end the — 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?
© 2017, The Heritage Foundation Conservative policy research since 1973