| BUSINESSWEEK ONLINE : MAY 24, 1999 ISSUE | ||||||||
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| 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. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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 INTERACT E-Mail to Business Week Online | |||||||