CBO
An Argument for Uncapping the Maximum Taxable Earnings
Social Security’s looming solvency problem is, as expected, creating a groundswell of attention publicly these days, as well as an increasing focus in the 118th Congress. As a result of this heightened interest, we’re seeing a growing number of articles…
CBO estimates a funding shortfall in 2032
The Congressional Budget Office (CBO) estimates federal spending on Social Security and Medicare will outpace the revenues and the economy overall. They quoted a variety of factors, including rising costs of medical services, large cost-of-living adjustments, and the last of…
More Discussion on Social Security Reform
Former presidential appointee and current senior policy fellow at the Bloustein School of Planning and Policy, Rutgers University Richard Keevey shares some thoughts on approaches to reforming Social Security in the face of its looming insolvency problem. After discussing the Congressional Budget…