Tag: Table V.C7
![Two businessmen handshaking in meeting](https://crr.bc.edu/wp-content/uploads/2016/02/Two-businessmen-handshaking-in-meeting-1536x1024.jpeg)
CBO “flap” shows SSA numbers weren’t so bad after all. So as to not lose my few remaining readers, I would like to wind up the discussion of Social Security replacement rates. And I think that I can do that on a positive note. The Congressional Budget Office (CBO) “flap,” where the agency admitted that…
![View from a rifle scope overlooking a forest](https://crr.bc.edu/wp-content/uploads/2016/02/View-from-a-rifle-scope-overlooking-a-forest-1536x1040.jpg)
SSA study shows that CBO numbers cannot be right. The Congressional Budget Office (CBO) has become a major player in the effort to show that Social Security is very expensive – huge 75-year deficit – and very generous – extraordinarily high benefits relative to pre-retirement earnings (replacement rates). These two developments together set the stag…