Tag: Social Security in the Cross Hairs
SSA study shows that CBO numbers cannot be right. The Congressional Budget Office (CBO) has become a major player in the effort to show that Social Security is very expensive – huge 75-year deficit – and very generous – extraordinarily high benefits relative to pre-retirement earnings (replacement rates). These two developments together set the stag…
CBO suggests that Social Security is getting more generous every day. The stage is being set for cuts in Social Security, and the Congressional Budget Office (CBO) has become a major player in this effort. The agency’s most recent report shows not only a huge increase in the 75-year deficit, but also an enormous increas…
