Social Security, the single largest government program, faces hundreds of billions of dollars in annual deficits, and changes will have to be made to the program. While the Presidential candidates are not yet focusing on Social Security reform, many in Congress are. A number of plans have been offered this year. The recent report by the Congressional Budget Office, "The Outlook for Social Security," provides a new framework for comparing different approaches to reform.

Douglas Holtz Eakin, the Director of the Congressional Budge Office, shared his perspective, and was then followed by advocates of different approaches of reform for a discussion and comparison of the different ideas drawing attention in Congress.