Tag: social security deficit
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…
Are the Social Security Trustees too optimistic? The 2025 Social Security Trustees Report is standard fare. It confirms what has been evident for almost three decades – namely, Social Security is facing a 75-year financing shortfall that currently equals 1.3 percent of GDP. And, if no action is taken before 2033, the depletion of reserves…
