Bruce Bartlett, Washington Times Columnist

Michael Graetz, Justus S. Hotchkiss Professor of Law, Yale Law School

Daniel Halperin, Stanley S. Surrey Professor of Law, Harvard Law School

Nancy Kellefer, Director and Office Manager for Washington, DC Office of McKinsey, Inc.

Robert Rubin, Chairman of the Board and Chairman of the Executive Committee of Citigroup, Inc.

John Shoven, Charles R. Schwab Professor of Economics and the Wallace R. Hawley Director, Stanford Institute for Economic Policy Research

Eugene Steuerle, Senior Fellow, Urban Institute, Co-Director of the Urban-Brookings Tax Policy Intstitute

Bruce Bartlett 

 Washington Times columnist Bruce Bartlett is a prolific author, having published more than 900 articles in national publications including The Wall Street Journal, The New York Times, The Los Angeles Times and The Washington Post, as well as in many prominent magazines such as Fortune. His twice-weekly column on economic policy is published in The Washington Times and Detroit News and is nationally syndicated by Creators Syndicate. And in 1996, one of his columns inspired Bob Dole's 15-percent tax reduction plan. He has also written for important academic journals and published four books, including Reaganomics: Supply-Side Economics in Action, published in 1981. Mr. Bartlett was Deputy Assistant Secretary for Economic Policy at the U.S. Treasury Department, where he served from September 1988 to January 1993. In 1987 and 1988, he was a Senior Policy Analyst in the Office of Policy Development at the White House. From 1985 through 1987, he was a Senior Fellow at the Heritage Foundation in Washington, D.C. In 1981, Mr. Bartlett joined the staff of the Joint Economic Committee of Congress as Deputy Director, becoming Executive Director in 1983. Between 1979 and 1980, he worked for Senator Roger Jepsen of Iowa, where he was his chief legislative assistant. In 1977, he joined the staff of Congressman Jack Kemp of New York as a special assistant and staff economist, during which time he helped draft the famous Kemp-Roth tax bill. And in 1976, he served as a legislative assistant on the staff of Congressman Ron Paul of Texas.

Michael Graetz
Michael Graetz is the Justus S. Hotchkiss Professor of Law at Yale Law School.

Subjects

• Taxation
• Tax policy
• Health law and policy
• Income security law and policy

Education

• B.B.A., Emory, 1966
• L.L.B., University of Virginia, 1969

Professional Positions

• Admitted to the bar in Virginia, 1969
• Advisor, Office of Assistant Secretary of the Treasury for Tax Policy, 1969-72
• Adjunct Professor, Georgetown, 1971-72
• Assistant Professor, University of Virginia, 1972-74
• Associate Professor, University of Virginia, 1974-77
• Professor, University of Virginia, 1977-79
• Visiting Professor, USC, 1976-78
• Professor, USC, 1979-83
• Visiting Professor, California Institute of Technology, 1978
• Professor, California Institute of Technology, 1979-83
• Visiting Professor, Harvard, 1978-79
• Professor, Yale, 1983-86
• Hotchkiss Professor, 1986-
• Deputy Assistant Secretary for Tax Policy, U.S. Treasury, 1990-92
• Assistant to the Secretary and Special Counsel, 1992

Books

• Federal Income Taxation: Principles and Policies, 4th ed., 2001
• The Decline (and Fall?) of the Income Tax, 1997
• The U.S. Income Tax, 1999
• True Security - Rethinking American Social Insurance (with J. Mashaw), 1999
• Federal Income Taxation: Principles and Policies, Fourth Edition, 2001
• Foundations of International Income Taxation, 2003

Daniel Halperin is the Stanley S. Surrey Professor of Law at Harvard Law School.

Research Interests

• Pension and retirement benefits law
• Tax policy

Subject Areas for Supervising Written Work

• Non-profit organizations
• Retirement income policy
• Social Security
• Tax policy

Subject Areas for Accepting Press Inquiries

• Retirement income policy
• Social Security
• Taxation

Education

• City College of New York B.B.A. 1957
• Harvard Law School J.D. 1961

Appointments

• Visiting Professor of Law, 1993
• Stanley S. Surrey Professor of Law, 1996

Representative Publications

• Halperin, Daniel. "Special Tax Treatment for Employer Based Retirement Programs: Is It "Still" Viable as a Means of Increasing Retirement Income?" 49 Tax Law Review 1 (1995).
• Halperin, Daniel. "Interest in Disguise: Taxing the Time Value of Money," 95 Yale Law Journal 506 (1986).
• Halperin, Daniel. "Business Deductions for Personal Living Expense," 122 University of Pennsylvania Law Review 859 (1974).

Nancy Killefer is a senior Director and the Office Manager of the Washington, D.C. Office of McKinsey & Company, Inc. She is a leader of the Government Practice, specializing in developing strategies and improving organization effectiveness for a wide range of clients.

In her 20 years with the firm, Nancy has focused on strategy, marketing, and organizational effectiveness and efficiency issues. Her client service has spanned a broad range of industries, including government agencies, global media, pharmaceuticals, OTC, retailing, packaged goods, and personal products.

A sample of government engagements include:

• Working with the SEC on improving its organizational efficiency and effectiveness, designing its risk assessment function, and strengthening its management processes
• Working with the FAA to develop a business plan for the agency
• Developing a public private partnership framework for the Army for its fixed assets
• Helping the Financial Management Services of the U.S. Treasury to redefine its IT strategy and organization
• Working with the newly formed Transportation Security Administration to develop plans for checked baggage
• Evaluating the long-term financial situation of the D.C. government and proposing options to ensure viability for the Federal City Council
• Developing a strategy to improve the D.C. Public Schools working with the new Superintendent and the School Board.

Nancy returned to McKinsey in 2000 after serving for 2½ years as Assistant Secretary for Management, CFO, and COO at the United States Department of the Treasury. In addition to overall management responsibilities for Treasury's 14 bureaus and 160,000 people, she led a major modernization at the Internal Revenue Service, prepared Treasury's systems for Y2K, and reshaped management processes, including installing an asset management program across the Treasury Department. She currently serves as chairperson of the IRS Oversight Board.

Nancy received her M.B.A. from the Sloan School of the Massachusetts Institute of Technology. She holds a B.A. with honors in economics from Vassar College. Prior to business school, Nancy worked as an associate at Charles River Associates, a microeconomics consulting firm.

Robert Rubin

Robert Rubin, a Director, Chairman of the Executive Committee and Member of the Office of the Chairman of Citigroup Inc., has been involved with financial markets and our nation's public policy debate all of his professional life.
 
Mr. Rubin began his career in finance at Goldman, Sachs & Company in New York City in 1966. He joined Goldman as an associate, became a general partner in 1971 and joined the management committee in 1980. Mr. Rubin was Vice-Chairman and Co-Chief Operating Officer from 1987 to 1990 and served as Co-Senior Partner and Co-Chairman from 1990 to 1992. Before joining Goldman, he was an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City.
 
Long active in national and New York City's public affairs, Mr. Rubin left the private sector in 1993 to join the Clinton Administration. Beginning with the President's Inauguration, Mr. Rubin served in the White House as Assistant to the President for Economic Policy. Directing the activities of the National Economic Council, Mr. Rubin guided the newly created NEC as it oversaw the Administration's domestic and international economic policymaking process, coordinated economic policy recommendations to the President, and monitored the implementation of the President's economic policy goals.
 
Upon the retirement of his predecessor, Lloyd Bentsen, Mr. Rubin was President Clinton's choice to serve as our nation's 70th Secretary of the Treasury. He was confirmed by the U.S. Senate and sworn into office on January 10, 1995.
 
As Secretary of the Treasury, Mr. Rubin played a leading role in many of the nation's most important policy debates. He was involved in balancing the federal budget; opening trade policy to further globalization; acting to stem financial crises in Mexico, Asia and Russia; helping to resolve the impasse between the Congress and the Executive Branch over the public debt limit; safeguarding the nation's currency against counterfeiting; introducing inflation-indexed securities; strongly responding to issues at Treasury's law enforcement agencies; and guiding sensible reforms at the Internal Revenue Service. He left Treasury on July 2, 1999.
 
Mr. Rubin now serves as Chairman of the Board of the Local Initiatives Support Corporation (LISC). LISC is the nation's leading community development support organization, with 38 offices nationwide. At the White House and Treasury, Mr. Rubin was a leading advocate for policy actions that met the need for economic development in the nation's distressed urban and rural areas. He is also a member of Advisory Council of The Hamilton Project.
 
Mr. Rubin joined Citigroup on October 26, 1999, where he participates in the strategic, managerial and operational matters of the company. He also serves as a member of the Board of Directors of the Ford Motor Company and on the Board of Trustees of Mount Sinai-NYU Health. In March 2000 he became a member of the advisory board of Insight Venture Partners, a New York-based private-equity investment firm that specializes in e-commerce business-to-business companies. He is also a member of the Harvard Corporation.
 
Mr. Rubin's previous activities included membership on the Board of Directors of the New York Stock Exchange, Harvard Management Company, New York Futures Exchange, New York City Partnership and the Center for National Policy. He has also served on the Board of Trustees of the Carnegie Corporation of New York, the President's Advisory Committee for Trade Negotiations, the Securities and Exchange Commission Market Oversight and Financial Services Advisory Committee, the Mayor of New York's Council of Economic Advisors and the Governor's Council on Fiscal and Economic Priorities for the State of New York.
 
Mr. Rubin graduated summa cum laude from Harvard College in 1960 with an A.B. in economics. He received a L.L.B. from Yale Law School in 1964 and attended the London School of Economics.

Mr. Shoven is currently the Charles R. Schwab Professor of Economics and the Wallace R. Hawley Director, Stanford Institute for Economic Policy Research (SIEPR).

Education

• Ph.D., Yale University; B.A., University of California, San Diego (Physics).

Research Interests

• Corporate finance (dividend behavior, mergers and acquisitions, share repurchase)
• Social Security and private pensions
• Stock and bond returns
• Mutual funds
• Federal, personal and corporate income taxation
• International cost-of-capital comparisons
• Applied general equilibrium analysis

Current Research

• Asset allocation and asset location theory
• The effects of taxes on the relative performance of mutual funds
• The long-run future of pension fund saving
• Public policy towards pensions

Representative Recent Papers

• "The Real Deal: The History and Future of Social Security," with Sylvester Schieber, Yale University Press, 1999
• "Should the United States Privatize Social Security?", with Henry Aaron, MIT Press, 1999
• "Long Run Asset Allocation for Retirement Savings," with Clemens Sialm, The Journal of Private Portfolio Management, 1998
• "Public Policy Towards Pensions," with Sylvester Schieber, MIT Press, 1997
• "The Taxation of Pensions: A Shelter Can Become a Trap," with David Wise, in Frontiers in the Economics of Aging, David A. Wise, ed., NBER/University of Chicago Press, 1998, pp. 173-212.

Teaching Interests

• Public finance
• Introductory economics
• Intermediate microeconomics
• Investment

Professional Affiliations

• AEA
• WEA
• Econometrics Society (Fellow)
• National Tax Association

Mr. Steuerle is a senior fellow at The Urban Institute, co-director of the Urban-Brookings Tax Policy Center, columnist for Tax Notes, and the author or editor of 11 books, more than 150 reports and articles, more than 50 Congressional testimonies or reports, and more than 600 columns. His latest book is Contemporary Tax Policy. He serves on the National Committee on Vital and Health Statistics and on advisory panels or boards for the Congressional Budget Office, the General Accounting Office, the Joint Committee on Taxation, the Actuarial Foundation, and the Independent Sector.

Previous positions include president of the National Tax Association (2001-2002), chair of the 1999 Technical Panel advising Social Security on its methods and assumptions, president of the National Economists Club Educational Foundation, deputy assistant secretary of the Treasury for tax analysis (1987-1989), and resident fellow at the American Enterprise Institute. Between 1984 and 1986, Dr. Steuerle served as economic coordinator and original organizer of the Treasury's tax reform effort, for which Treasury and White House officials have written that tax reform "would not have moved forward without your early leadership."

Dr. Steuerle's other books include: Social Security and the Family (co-edited with Melissa Favreault and Frank Sammartino) and Nonprofits and Government (co-edited with Elizabeth Boris). His columns have appeared mainly in three series: "Straight Talk on Social Security and Retirement Policy" for the Urban Institute, " Economic Perspective " for Tax Notes, and an "After Tax" column for the Financial Times.

Dr. Steuerle has also undertaken various missions for International Monetary Fund to China, Singapore, and Slovakia, while the government of Barbados undertook a tax reform effort modeled after a report that he co-authored as head of another mission.

Selected Publications

• Carasso, Adam, Jeff Rohaly, and C. Eugene Steuerle. 2003. "Tax Reform for Families: An Earned Income Child Credit." Washington, DC: The Brookings Institution. Welfare Reform and Beyond Brief No. 26.
• Penner, Rudolph G., and C. Eugene Steuerle. 2003. " Budget Crisis at the Door ." Washington, DC: The Urban Institute.
• Penner, Rudolph G., Pamela Perun, and C. Eugene Steuerle. 2003. " Letting Older Workers Work ." Washington, DC: The Urban Institute. The Retirement Project Brief No. 16.
• Steuerle, C. Eugene. 2003. " The Incredible Shrinking Budget for Working Families and Children ." Washington, DC: The Urban Institute. National Budget Issues Brief No. 1.
• ---. 2003. " Lifetime Social Security and Medicare Benefits ." Washington, DC: The Urban Institute. Straight Talk on Social Security and Retirement Policy Brief No. 36.