President called on to Include Solvency in State of the Union Address
As the nation takes measure of President Obama’s State of the Union address tonight (9 p.m. EST), the American Academy of Actuaries calls on the President and Congress to commit to addressing the long-delayed and often-ignored issues of financial security of federal programs like Medicare and Social Security. The options for solving their fiscal condition become only more limited and difficult as time passes. “The president is seeking to make 2014 a ‘year of action,’ and there are few matters in Washington more often missing from everyone’s to-do list than federal entitlement reforms...Read More
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