An ‘Interactive’ Analysis of Christie’s & Sanders’s Social Security Plans
Earlier this week, CRFB analyzed a new plan from New Jersey Governor Chris Christie that, among other things, would close about 60 percent of the program’s funding shortfall. What we failed to mention is that our readers could analyze this and other plans themselves through CRFB’s interactive Social Security Reformer tool. The Social Security Reformer allows users to simulate an existing plan or create their own. Although the Social Security Reformer does not have every permutation of every Social Security policy out there, it has enough capability to understand the broad financial impact of most Social Security plans, as well as the impact in each year. Below, we take the Social Security Reformer for a test drive, showing how it can be used to analyze Governor Christie’s plan as well as a plan from Senator Bernie Sanders (I-VT). Read more…
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