trust fund solvency
Social Security Insolvency–The Cost of Doing Nothing
For decades, the Social Security trustees have been forecasting the complete depletion of the program’s trust fund reserves, with the most recent estimate indicating that this will occur approximately eight years from now. As part of their annual warnings, the…
The National Debt and Social Security’s Inherent Role
The Bryan (Ohio) Times today carries an article outlining the conceptual pitfalls of the rapidly escalating U.S. national debt and, although it contains some incorrect assumptions (e.g., the comment implying that the Social Security trust fund tends to “take in…
Social Security Reform Called for in Letter to House
The Fiscal Times reports that a bipartisan group of lawmakers is advocating for any future pandemic relief measures to include focus on national debt problems, including Social Security’s long-term trust fund solvency issues. In a post by Editor in Chief Yuval…