In his 1998 State of the Union address, President Clinton challenged Americans to a public debate about how to fix the long-term financial problems of Social Security. This annual volume of the National Academy of Social Insurance provides a framework for that debate. Competing reform proposals reflect contrasting views about the nature of the Social Security problem and how to solve it. This book examines issues about privatization, national savings and economic growth, the political risks and realities in reforms, lessons from private pensions developments in the United States, and the efforts of other advanced industrial countries to adapt their old-age pensions to an aging population. It also poses philosophical arguments about collective versus individual responsibility and the implications of market risks and political risks for stable and secure retirement income policy. The contributors are Theo Angelis, Michael J. Boskin, Peter A. Diamond, John Geanakoplos, Hugh Heclo, Karen C. Holden, Howell Jackson, Olivia Mitchell, Dallas L. Salisbury, Lawrence H. Thompson, Kent Weaver, and Stephen P. Zeldes. Copublished with the National Academy of Social Insurance

Acta Numerica is an annual publication containing invited survey papers by leading researchers in numerical mathematics and scientific computing. The papers present overviews of recent developments in their area and provide state-of-the-art techniques and analysis.

Acta Numerica is an annual publication containing invited survey papers by leading researchers in numerical mathematics and scientific computing. The papers present overviews of recent developments in their area and provide state-of-the-art techniques and analysis.

Acta Numerica is an annual publication containing invited survey papers by leading researchers in numerical mathematics and scientific computing. The papers present overviews of recent developments in their area and provide state-of-the-art techniques and analysis.

How Social Security has shaped American politics-and why it faces insolvency Since its establishment, Social Security has become the financial linchpin of American retirement. Yet demographic trends-longer lifespans and declining birthrates-mean that this popular program now pays more in benefits than it collects in revenue. Without reforms, 83 million Americans will face an immediate benefit cut of 20 percent in 2034. How did we get here and what is the solution? In Fixing Social Security, R. Douglas Arnold explores the historical role that Social Security has played in American politics, why Congress has done nothing to fix its insolvency problem for three decades, and what legislators can do to save it. What options do legislators have as the program nears the precipice? They can raise taxes, as they did in 1977, cut benefits, as they did in 1983, or reinvent the program, as they attempted in 2005. Unfortunately, every option would impose costs, and legislators are reluctant to act, fearing electoral retribution. Arnold investigates why politicians designed the system as they did and how between 1935 and 1983 they allocated-and reallocated-costs and benefits among workers, employers, and beneficiaries. He also examines public support for the program, and why Democratic and Republican representatives, once political allies in expanding Social Security, have become so deeply polarized about fixing it. As Social Security edges closer to crisis, Fixing Social Security offers a comprehensive analysis of the political fault lines and a fresh look at what can be done-before it is too late.

"Congress, the Press, and Political Accountability" is the first large-scale examination of how local media outlets cover members of the United States Congress. Douglas Arnold asks: do local newspapers provide the information citizens need in order to hold representatives accountable for their actions in office? In contrast with previous studies, which largely focused on the campaign period, he tests various hypotheses about the causes and consequences of media coverage by exploring coverage during an entire congressional session.

Using three samples of local newspapers from across the country, Arnold analyzes all coverage over a two-year period--every news story, editorial, opinion column, letter, and list. First he investigates how twenty-five newspapers covered twenty-five local representatives; and next, how competing newspapers in six cities covered their corresponding legislators. Examination of an even larger sample, sixty-seven newspapers and 187 representatives, shows why some newspapers cover legislators more thoroughly than do other papers. Arnold then links the coverage data with a large public opinion survey to show that the volume of coverage affects citizens' awareness of representatives and challengers.

The results show enormous variation in coverage. Some newspapers cover legislators frequently, thoroughly, and accessibly. Others--some of them famous for their national coverage--largely ignore local representatives. The analysis also confirms that only those incumbents or challengers in the most competitive races, and those who command huge sums of money, receive extensive coverage.

"[An] excellent book ...Arnold seeks to examine the interactions between members of the House of Representatives and members of the upper bureaucracy in respect to the geographical allocation of federal expenditures....The methodology employed is ingenious and persuasive."-David Fellman, The Annals of the American Academy of Political and Social Science "The best book now available on the decision-making process linking bureaucrats and congressmen....A model blending of theory and evidence, overlaid with a lot of good judgment and political sensitivity."-Richard F. Fenno, Jr. "Douglas Arnold's carefully wrought study of relations between the U.S. Representatives and selected administrative agencies is a challenging, thought-provoking, imaginative contribution that greatly enriches the field."-Herbert Kaufman "An indispensable book for political scientists studying Congress, and highly relevant for many others whose interest is in bureaucratic decision-making. The data and the methods of analysis are unique and make the work infinitely superior to previous work on this topic."-Samuel C. Patterson