1957-59 Advisory Council
The Advisory Council of 1957-58 was mandated as part of the 1956 Amendments.
The Amendments directed the appointment of the Council and mandated that
Councils would thereafter be appointed on a regular basis just prior to
any scheduled tax increase in the law. This was the first Council established
as part of a permanent, ongoing, function. All prior Councils had been
ad-hoc creations, either of the Executive or the Legislative Branch, and
The charge to the 57-58 Council was to study the broad issue of Social
Security financing and the particular issue of whether the tax rates scheduled
in the law should be modified.
Following the mandate of the law, the Secretary of Health, Education and
Welfare (HEW), Marion Folsom, appointed the Council in October 1957.
Members of the 1957-58 Advisory Council. Left to right: Mr. Childs, Mr.
Cruikshank, Mr. Hohaus, Dean Brown, Secretary Folsom, Commissioner Schottland,
Mr. Fischer, Mr. Bryan, Mr. Hornby, and Dr. Hurd. Not present: Mr. Bell,
Dr. Burns, Mr. Lloyd and Mr. Peterson. SSA History Archives.
Secretary of HEW Announcement
of the Formation of the Council
Bios of Council Members
Treasury Department Background
Paper on Trust Fund Investment Policies
Staff Paper on Misunderstandings
of Social Security Financing
Final Report of the