As printed in USA Today, December 7, 1998
CLINTON HAS DONE HIS PART
by Gene Sperling
In his 1998 State of the Union address, President Clinton
challenged our nation to do something historic: to confront our major retirement
challenges not by waiting until the moment of crisis, but by acting early while
we still have the opportunity to prevent a crisis from taking place.
To succeed in historic Social Security reform, the president called on Congress
to reserve the budget surplus until Social Security is fixed, and to overcome
the partisanship and politics that have often spelled doom for Social Security
To derail this "third rail" mentality, the president called for
bipartisan regional forums across the country and pledged that during this year
of national dialogue he would stay open-minded and that no one in his administration
would criticize or politicize any Social Security reform proposal.
The president intends to build on the progress made in 1998 - including saving
the $1.5 trillion in projected surpluses over the next 10 years - by taking
whatever steps will be most effective in achieving bipartisan Social Security
But let's be candid: understanding which steps will be unifying - instead
of polarizing - is a critical one that can be best answered when Congress is
fully engaged and has had a chance to consult with us and with each other.
That is why, rather than Republicans and Democrats simply playing the partisan
game of asking the other to "go first," we should be engaging with
each other on the best way to work together to achieve the bipartisan trust
needed to reach bipartisan Social Security reform.
The White House conference that started Tuesday is a positive step in that
direction. By pulling together Democratic and Republican leaders, experts and
advocacy groups -- a month before the new legislative session has even begun
-- to confront such key issues as achieving true solvency for the Social Security
system, the technical challenges of reform, the means to reduce poverty among
elderly women, and whether and how the system should be prefunded, we can build
on our year-long dialogue and further lay the foundation for the type of serious,
civil, and bipartisan discussion that we must have to save Social Security for
the 21st century.
Sperling serves as Assistant to the President for Economic
Policy and as director of the Presidents National Economic Council.