Tag: Benefit expansion
Social Security proposals highlight challenges of benefit expansions. We recently constructed a summary of the Social Security proposals of the 2020 presidential candidates. As part of that process, it seemed interesting to contrast the Social Security Expansion Act, proposed by Sen. Bernie Sanders (I-VT) and Rep. Peter DeFazio (D-OR), with the Social Security 2100 Act,…
The presidential hopeful’s plan makes protecting current benefit levels seem like a modest goal. I love any proposal that puts my preferences clearly in the center. And Senator Warren did just that with her plans for Social Security. Just to remind you about Social Security’s finances, the program’s actuaries project a deficit over the next…
