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Background image located in: R:\Adm\f000024\2005 Social Security Speech\_cover\_cover\Cover-blue.jpg Peter G. Peterson, Senior Chairman and Co-Founder, The Blackstone Group February 6&8, 2007 Economic Speech Washington Speeches
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PSERS all text elements (except subtitles) start at 2.00”(vertical) mark aligned with the level two text (and the top of this box) Here are additional, non- swapping colors: Footnotes align to the bottom of this box, or 3.62” guideline Backgrounds are located in: I:\Graph\CEO_Conference_2005\_cover POTs are located in: I:\Graph\CEO_Conference_2005\pgp_presentation\_POT Final JPGs are located in: I:\Graph\CEO_Conference_2005\_cover 2
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PSERS all text elements (except subtitles) start at 2.00”(vertical) mark aligned with the level two text (and the top of this box) Here are additional, non- swapping colors: Footnotes align to the bottom of this box, or 3.62” guideline Backgrounds are located in: I:\Graph\CEO_Conference_2005\_cover POTs are located in: I:\Graph\CEO_Conference_2005\pgp_presentation\_POT Final JPGs are located in: I:\Graph\CEO_Conference_2005\_cover 3 The Concord Coalition: Using reasonable projections, entitlement and interest alone are expected to consume all federal revenues in under 20 years
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PSERS all text elements (except subtitles) start at 2.00”(vertical) mark aligned with the level two text (and the top of this box) Here are additional, non- swapping colors: Footnotes align to the bottom of this box, or 3.62” guideline Backgrounds are located in: I:\Graph\CEO_Conference_2005\_cover POTs are located in: I:\Graph\CEO_Conference_2005\pgp_presentation\_POT Final JPGs are located in: I:\Graph\CEO_Conference_2005\_cover 5 Indeed, if the federal government had to observe Sarbanes-Oxley and ERISA and amortize its unfunded pension benefit liabilities over a maximum of 30 years the same way public corporations are required to do, it would add a minimum of $1.5 trillion annually to the federal budget deficit!
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