BUSINESSWEEK ONLINE : MAY 24, 1999 ISSUE
NEWS: ANALYSIS & COMMENTARY

Summers vs. Rubin on the Issues


SOCIAL SECURITY REFORM
Summers has been more open than Rubin to fundamental restructuring, such as creating a 401(k)-type plan that invests recipients' benefits in stocks and bonds.

TAX REFORM
Summers would consider structural changes to the code; Rubin's preference is to tinker.

SAVINGS INCENTIVES
Summers' interest in boosting savings made him a strong advocate of the Administration's USA retirement-account plan and inflation-indexed bonds. Rubin initially opposed indexed bonds.



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It's Summers Time

TABLE: Summers vs. Rubin on the Issues

TABLE: Who Is Larry Summers?

Commentary: Triumph of an Eat-Your-Spinach Secretary

TABLE: Mr. Rubin Went to Washington



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