Archive: Alicia H. Munnell

Close up of person's hands typing on a laptop overlayed with graphics of tax, money, bulls eye, maginifying glass, etc.

But the increase should be small and gradual. Enough with politics.  It’s time to get back to solving problems.  Not surprisingly – given my slant on the world – the problem I care most about is fixing Social Security.  But in an attempt to protect lower-income households, President Biden committed to never raising taxes on…

US social security cards and dollar bills

This legislation would allow some workers to double-dip and speeds the exhaustion of the trust fund. On November 12, the House passed the Social Security Fairness Act to repeal the Windfall Elimination Provision (WEP), which reduces Social Security benefits for workers receiving significant government pensions from jobs not covered by Social Security.  A companion provision…