ADVISORY/Government May Fund Programs With Social Security Money.Business Editors ADVISORY... --(BUSINESS WIRE)--Aug 28, 2001 TOPIC: MSNBC reports that the non-partisan Congressional Budget Office predicts that the government may need to borrow as much as $9 million from Social Security funds this year to pay for other federal programs, including tax cuts. Borrowing the Social Security money would have no immediate practical impact on the pay-as-you go program, as it is currently bringing in more than it's paying out, experts in the story said. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Sanford Jacoby teaches industrial relations industrial relations pl.n. Relations between the management of an industrial enterprise and its employees. industrial relations Noun, pl the relations between management and workers , organizational behavior, business history and political economy at UCLA's Anderson Anderson, river, Canada Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic Graduate School of Management. A member of the Anderson faculty since 1980, Jacoby is the author of numerous articles and books. His most recent book, the award-winning "Modern Manors," explores welfare capitalism Welfare capitalism refers to the practice of businesses providing welfare-like services to employees. Welfare capitalism was centered in high wage industries (not in the industries characterized by low pay, high turnover, child labor, or dangerous working conditions. - the concept that corporations have become the core social welfare institutions of our time. PR: Kimberly Lisella kimberly.lisella@anderson.ucla.edu Prof. Leah Jackson Jackson. 1 City (1990 pop. 37,446), seat of Jackson co., S Mich., on the Grand River; inc. 1857. It is an industrial and commercial center in a farm region. teaches at Baylor University's School of Law. Her expertise includes federal income taxation of individuals. 254/710-1911 Prof. Charles Swenson is a management professor at the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission . He has substantial background in the details of tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. (especially state and local tax planning) and in analyzing economic impacts of taxes. 213/740-4854 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration Working together on a project. See collaborative software. of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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