Tag: fixing Social Security
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…
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,…
