Tag: 75 year deficit
Did policymakers in 1983 do a good job fixing Social Security? The impending exhaustion of Social Security’s retirement trust fund in 2033 has stimulated a lot of commentary. One strain focuses on actions taken in 1983 – the last time Congress addressed the program’s finances. In terms of outcomes, some commentators conclude that Congress did…
It would be good fiscal policy and, I bet, good politics. Here’s the plan. The President has linked two budget items, and that may be a good idea. He wants to extend his 2017 Tax Cuts and Jobs Act and provide some other tax breaks, and we need to fix Social Security. The link between…
