Tag: Social Security reform
Social Security is really important for older Americans. Every now and then, I am asked how dependent people are on Social Security. That’s actually an important question, given recent proposals for restructuring the program and concerns that the program is simply too big. Fortunately, the Congressional Research Service recently reported on the importance of Socia…
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…
