Tag: Social Security reform

Did policymakers in 1983 do a good job fixing Social Security? The impending exhaustion of Social Security’s retirement trust fund in 2033 has stimulated a lot of commentary. One strain focuses on actions taken in 1983 – the last time Congress addressed the program’s finances. In terms of outcomes, some commentators conclude that Congress did…
Changing Social Security to a flat benefit for all would put both workers and the poor at risk. Social Security is this country’s most important and most popular program. However, changes will be needed soon, as the program will not be able to pay full benefits once the retirement trust fund is depleted in 2033…