Social Security Reform:
Evaluation of the Gramm Proposal
AIMD/HEHS-00-71R: Published: Feb 1, 2000. Publicly Released: Feb 1, 2000.
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Pursuant to a congressional request, GAO provided information on the potential budgetary and economic effects of Senator Phil Gramm's social security reform proposal, focusing on: (1) the extent to which the proposal achieves sustainable solvency and how it would affect the economy and federal budget; (2) the balance struck between the twin goals of income adequacy and individual equity; and (3) how readily such changes could be implemented, administered, and explained to the public.
GAO noted that: (1) GAO used a long-term economic model in evaluating the proposal against the first criterion, that of financing sustainable solvency; (2) specifically, GAO used this model to simulate the potential fiscal and economic impacts of the Gramm proposal over a 75-year projection period; (3) in simulating the reform proposal, GAO relied on income and cost estimates prepared by the Office of the Actuary at the Social Security Administration, and GAO adapted the model as appropriate to reflect specific reform proposal provisions; (4) GAO's simulation results also compare the proposal with alternative fiscal policy paths developed in its prior model work; (5) GAO used qualitative research to examine how well the Gramm proposal balances adequacy and equity concerns and provides for reasonable implementation and communication of any changes; (6) in so doing, GAO relied on its issued and ongoing body of work on social security reform; and (7) this body of work addresses a number of issues raised by various reform approaches, including establishing individual accounts, raising the retirement age, and determining the impact of reforms on minorities and women.
Jul 16, 2020
Targeting Federal Funds:
Information on Funding to Areas with Persistent or High PovertyGAO-20-518: Published: Jul 16, 2020. Publicly Released: Jul 16, 2020.
Jun 25, 2020
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National Flood Insurance Program:
Fiscal Exposure Persists Despite Property AcquisitionsGAO-20-508: Published: Jun 25, 2020. Publicly Released: Jun 25, 2020.
Jun 11, 2020
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American Samoa:
Economic Trends, Status of the Tuna Canning Industry, and Stakeholders' Views on Minimum Wage IncreasesGAO-20-467: Published: Jun 11, 2020. Publicly Released: Jun 11, 2020.
Apr 28, 2020
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Priority Open Recommendations:
Small Business AdministrationGAO-20-501PR: Published: Apr 21, 2020. Publicly Released: Apr 28, 2020.
Mar 9, 2020
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La Agencia Federal para el Desarrollo de la Pequeña Empresa:
el Procesamiento de Préstamos para Desastres Fue Más Puntual, Pero Mejoramientos en la Planificación y la Evaluación del Programa Piloto son NecesariosGAO-20-369: Published: Feb 7, 2020. Publicly Released: Mar 9, 2020. -
Small Business Administration:
Disaster Loan Processing Was Timelier, but Planning Improvements and Pilot Program Evaluation NeededGAO-20-168: Published: Feb 7, 2020. Publicly Released: Mar 9, 2020.
Jan 28, 2020
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Innovative Technologies in Manufacturing:
Commerce Has Stopped Efforts to Implement Loan Guarantee ProgramGAO-20-326R: Published: Jan 28, 2020. Publicly Released: Jan 28, 2020.
Oct 8, 2019
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Puerto Rico Electricity Grid Recovery:
Better Information and Enhanced Coordination Is Needed to Address ChallengesGAO-20-141: Published: Oct 8, 2019. Publicly Released: Oct 8, 2019. -
Recuperación De La Red Eléctrica En Puerto Rico:
Se Necesita Mejor Información y Coordinación para Enfrentar DesafíosGAO-20-143: Published: Oct 8, 2019. Publicly Released: Oct 8, 2019.
Jul 23, 2019
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Disaster Assistance:
FEMA Has Taken Steps toward Better Supporting Individuals Who Are Older or Have DisabilitiesGAO-19-652T: Published: Jul 23, 2019. Publicly Released: Jul 23, 2019.
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