federal debt
Social Security and the Federal Debt: An Editorial Opinion
Much has been written about Social Security’s trajectory toward insolvency, along with many accounts of pathways to be explored to head off the catastrophe awaiting America’s seniors. Unfortunately, many of the news accounts have complicated the overall issue by insinuating…
CATO Offers Thoughts on Stabilizing Federal Debt…and They Involve Social Security
In a post on cato.org, Cato Institute’s director of budget and entitlement policy, Romina Boccia, offers a set of benchmarks Congress should consider before finalizing a decision on the 2023 federal debt limit. As should be expected, her suggestions include…
The Unnoticed Trillion Dollar Budget Gap
In the 1980s critics of overspending pointed to record deficits (averaging $167 billion a year then) and were often met with replies from supply-siders—“Don’t worry about federal deficits. They’re big enough of take care of themselves.” President Reagan even uttered…
A Call for Action on Social Security’s Solvency Dilemma
The Concord Coalition, a non-partisan fiscal advocacy organization serving as a source of information on the risks and consequences of a growing federal debt and unsustainable fiscal policies, recently issued a “call to action” stressing the importance of taking action…