Tag: social security proposals
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,…
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,…
