Social Security Guarantee
A Blunt Perspective on Social Security and Medicare
With Social Security and Medicare so prominent in the news these days, viewpoints on what the future will bring for these massive senior benefit programs are as varied as they are frequent. Yesterday afternoon, for example, TV host and syndicated…
“Kicking the Can” Would Lead to a Missed Opportunity for Social Security Modernization
Social Security’s trajectory toward insolvency has been a known fact for decades. Since the 1990s, the program trustees’ annual report to Congress has cited the impending depletion of program reserves, with each report projecting the expected year of full depletion…
An Assessment of Potential Social Security Solvency Solutions
As we’ve been noting for some time, the emphasis on reforming America’s Social Security program in the face of the rapidly approaching solvency crisis is beginning to draw attention in the early months of the 118th Congress. Many credible sources…
Social Security’s Place in Your Retirement Strategy
It’s no secret that a retirement financial plan calling for total reliance on Social Security is doomed to present continuous struggles. In fact, as noted in the previous article posted in our “Latest News” section (click here), the average monthly…
Social Security Solvency–Shining a Positive Light on the Crisis
Although acknowledging that Social Security faces long-term financial problems, including the potential for a substantial benefit cut about a decade from now, officials at the Center on Budget and Policy Priorities take the high road in an article posted on…
Social Security Reform: A Retrospective on the 1983 Changes
For the second time in the past five decades, Social Security finds itself at a major decision point. One of the fundamental differences between now and the early 1980s, though, is the timing of the absolute financial crisis. The changes…
Social Security Solvency: Congressional Inaction is Not the Answer
The rhetoric is heating up these days on the subject of Social Security’s looming insolvency problem…and that’s certainly no surprise to anyone who’s been tuned in to this slow-moving train wreck. Indeed, through the years, many bills have been introduced…
Start telling the truth about Social Security and Medicare.
The vulnerability of Social Security and Medicare programs is not an ideological matter but an economic reality. Both programs are funded in part by dedicated taxes paid by both the employee and employer. However, with fewer individuals in the workforce,…
Social Security Briefly Takes Center Stage at SOTU
President Joe Biden momentarily waded into the Social Security minefield at last night’s State of the Union address with an implication that Republican leadership is advocating sunsetting of Medicare and Social Security. His remarks triggered a chorus of dissent from…
More Thoughts on the Taxable Maximum and its Role in the Solvency Problem
Through the years, the issue of raising–or eliminating–the maximum amount of earnings subject to the Social Security payroll tax, the 12.4% assessment levied on payroll income up to the limit set each year, has repeatedly surfaced as a solution to…