Department of Finance News
Brown Presents: Future of the American Entitlement State
Jeffrey Brown, professor of finance, will discuss a “coming collision” of an aging population, rising medical costs, and “pay-as-you-go” approach to financing the “Big Three” entitlement programs in the U.S.
Illinois Lecture Series Full announcement
Jeffrey R. Brown, William G. Karnes Professor of Finance; Director, Center for Business and Public Policy
The "Big Three" entitlement programs in the U.S. (Social Security, Medicare and Medicaid) are poised to grow far faster than the U.S. economy in the coming decades as a result of a three-way collision among population aging, rising medical costs, and the "pay-as-you-go" approach to financing. The next President will have little choice but to address these issues in a substantive way, but doing so will be fraught with both economic and political perils. In this session, we will discuss how we got here, the implications of a failure to act, and possible reforms that can return the U.S. to a fiscally sustainable path.
Fees may apply. Registration is required and space is limited.
Tuesday, November 13, 2012 | 11:30 am–1 pm
Illini Center, 200 South Wacker Drive, 4th Floor, Chicago | Click here to register.
Tuesday, November 13, 2012 | 5:30–7 pm
Maggiano’s, 4999 Old Orchard Center, Suite A28, Skokie | Click here to register.
October 23, 2012
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