Tag: trust fund depletion

United States Capitol Building with a clear blue sky

The Republican Study Committee (RSC) has just released its FY 2024 Budget Protecting America’s Economic Security and once again called for significant cuts to Social Security.  The RSC has served as the conservative caucus of House Republicans since its founding in 1973, and it currently consists of 175 of the 222 Republican House members.  T…

Gold bear and bull on a newspaper showing stock prices

Investing some of the Social Security trust fund’s assets in equities has obvious appeal.  Equity investment has higher expected returns relative to safer assets, so Social Security might need less in tax increases or benefit cuts to achieve long-term solvency.  On the other hand, equity investments involve greater risk and raise concerns about interference in…