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The Future of the American Entitlement State

Event Type
Other
Sponsor
Office for Institutional Advancement - Illini Center Chicago
Location
Maggiano's, 4999 Old Orchard Center, Suite A28, Skokie
Date
Nov 13, 2012   5:30 - 7:00 pm  
Speaker
Jeffrey Brown, Professor of Finance
Cost
30
Registration
Registration
Originating Calendar
Business - Featured Events

The "Big Three" entitlement programs in the U.S. (Social Security, Medicare and Medicaid) are poised to grow far faster than the U.S. economy in the coming decades as a result of a three-way collision among population aging, rising medical costs, and the "pay-as-you-go" approach to financing. The next President will have little choice but to address these issues in a substantive way, but doing so will be fraught with both economic and political perils. In this session, we will discuss how we got here, the implications of a failure to act, and possible reforms that can return the U.S. to a fiscally sustainable path.

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