Tag: 75-year deficit
But they want only high earners to pay for the fix. With all the DOGE-driven turbulence at the Social Security Administration, it may have gotten lost that 2025 is the 90th anniversary of the program. In celebration, a number of organizations have put out reports that assess the current status of the program and suggestions…
A mix of tolerable benefit cuts and realistic revenue increases would make everyone better off. In early January, Social Security’s Chief Actuary released estimates of a comprehensive proposal to restore long-term balance to the program. The request for this estimate was submitted by Rep. Steny Hoyer (D-MD), but the proposal was constructed by Wendell Primus,…
