Tag: 75 year shortfall

Alarm clock with face replaced by Social Security card and money

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…

Medical cost and insurance concept. Wooden cubes with medical icons and stethoscope

To fix Social Security’s finances, broad support exists for increased revenue to be at least part of the solution. This study focuses on one way to expand the payroll tax base: including the value of employer-sponsored health. The results suggest adding ESI…