AMAC
A plea for legislators for solve to Social Security’s financial problems.
It’s not just the old folks who are expressing their concerns over Social Security’s steadily–and rapidly–deteriorating financial condition. An article appearing today in The Fordham Ram, Fordham University’s student-run newspaper, offers an insightful opinion piece by student and contributing writer…
No, the end of Social Security is not foreseen…but there is rough water ahead.
A literary comment often attributed to Mark Twain pretty much sums up the theme of many media articles about Social Security. You’ve probably heard it: “The report of my death was an exaggeration.” So goes the popular notion that Social…
DOGE and Social Security Savings: Clarifying the Possibilities
The airwaves and wires are aflame with projections about the dollars that can be cut from Social Security, Medicare, and Medicaid spending through uncovering fraud, waste, and abuse. Recent DOGE estimates are that perhaps $700 billion in spending can be…
On Social Security Solvency, No Surprise… Americans Want Action!
Hardly a day goes by that doesn’t present media accounts of Social Security’s long-term financial problems, most with dire projections of a substantial benefit reduction in about a decade. The hand-wringing is intense, often highlighting the terrible effects of an…
Challenging the “Tax the Rich” Pathway to Solvency
It’s a frequent refrain when addressing Social Security’s insolvency problem: “Make the rich pay their fair share.” You heard it in the State of the Union messaging earlier this year, you heard it in the recent presidential election debate, and…
Citizen Activists Join the Fight to Ward Off Social Security Insolvency
In an interesting display of public attention to the looming insolvency problem facing Social Security, union representatives and retiree activists in Wisconsin are focusing on the program’s current operations and its future. For the past two months, a regiment of…
Social Security’s Insolvency: Is it Time to Self-Insure?
This week’s issue of the 2024 Social Security Trustees Report product with it a mixed message–a slight improvement in the date for total depletion of the program’s financial reserves, along with a reminder that the program remains on a path…
A Primer on Social Security’s Problems & A Solution
What’s all this talk about Social Security’s problems all of a sudden? Why not just leave the program alone? Is Social Security going bankrupt? So what can be done? Are there pros and cons to each? Why not just raise…
A Quick Recap of What Candidates Biden and Trump Say About Social Security
Most recently, the Biden and Trump presidential campaigns appear to be marching in step concerning their plans for addressing Social Security’s financial problems. Simply put, both have advocated for a “hands-off” approach, although both have also vowed to “protect” the…
Tax Foundation Weighs In on Medicare and Social Security Fair Share Act
Tax Foundation Senior Policy Analyst Garrett Watson’s detailed study of the proposed Medicare and Social Security Fair Share Act legislation introduced last year concluded that the measures “will not fully solve the entitlement crisis and will hurt economic growth.” In…