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A Discussion on Strenghtening the “Guardrails” for Social Security and Medicade
The crisis in Social Security and Medicare funding is drawing attention from many quarters, especially as the flashpoints draw closer. We’ve reached the point where the luxury of deferring action on the insolvency issues facing these two critical programs will soon be gone, and the closer to the end of financial reserves we come, the more severe corrective action will need to be. With this in mind, we call your attention to an AEI.org post by James C. Capretta for RealClearHealth in which the concept of “automatic stabilization” mechanisms could be a viable solution to the problem. Check out his post here.