Social Security
New book argues that balance requires the wealthiest top 1 percent to start paying taxes again Some observers point to the sorry condition of our federal finances as a rationale for cutting Social Security and Medicare – not to mention programs for the most vulnerable, such as Medicaid and SNAP. Indeed, federal spending in 2025…
It also diverts congressional attention from really fixing Social Security. Senator Bill Cassidy (R-LA) has resurrected his proposal – this time with co-author Senator Tim Kaine (D-VA) – to create a trust fund with borrowed funds that would invest in equities and other high-yielding assets to solve Social Security’s financing problems. While it’s lovely to…
