Tag: Social Security
Deliberately imperiling federal finances should not be an excuse to cut programs for older Americans. It was unsurprising to many when the Treasury announced in mid-October that the federal budget deficit rose 17 percent in Fiscal Year 2018. This increase reflected the tax cut and subsequent spending hikes enacted in the past year. Contrary to…
It is one of “the most significant labor market trends” in the United States, says Wellesley College researcher Courtney Coile. She’s referring to big increases since the 1980s and 1990s in the share of older Americans in the labor force, including one in three men in their late 60s. As for women, the baby boomers…