Tag: Social Security reform
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,…
But the increase should be small and gradual. Enough with politics. It’s time to get back to solving problems. Not surprisingly – given my slant on the world – the problem I care most about is fixing Social Security. But in an attempt to protect lower-income households, President Biden committed to never raising taxes on…
