Tag: Social security solvency
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,…
The presidential hopeful’s plan makes protecting current benefit levels seem like a modest goal. I love any proposal that puts my preferences clearly in the center. And Senator Warren did just that with her plans for Social Security. Just to remind you about Social Security’s finances, the program’s actuaries project a deficit over the next…
