Social Security

The Wall Street Journal's Social Security Tool

It seems that interactive tools are definitely in vogue. We'd like to say we started the trend with the Stabilize the Debt simulator, and we have continued it with the fiscal plan Comparison Tool we released yesterday.

Sen. Hutchison Unveils Social Security Plan

Sen. Kay Bailey Hutchison unveiled her Social Security reform plan today, and conveniently, it already has its own score from the Office of the Chief Actuary (OACT) at the Social Security Administration.

Between the ‘Line’s: Speeches, Meetings, Anniversaries, and Letters Galore

Pawlenty of Ideas – GOP presidential candidate Tim Pawlenty gave a speech in Chicago on Tuesday where he laid out his fiscal and economic policy agenda. Among his proposals are reforming the tax code by eliminating many tax breaks (see our ideas for tax expenditures) while reducing tax rates. He also called for a balanced budget amendment to the U.S.

It Depends on What You Mean by 'Almost as Large'

It seems like we are having Social Security deja vu. Just a couple weeks ago, we basically repeated our response from last September to those who criticize raising the retirement age.

Trustees Report Strengthens Case for Retirement Age Increase

Last week, several bloggers, commentators, and columnists went after Al Simpson for talking about increases in life expectancy at birth (since this measure is affected by child mortality rates), arguing instead that the better measure is life expectancy

‘Line’ Items: Playoffs Edition

Crunch Time – The playoffs are well underway in the NBA and NHL. A playoff atmosphere is also brewing in Washington even though the home teams are not in the picture. A debt limit deadline and several teams competing for debt reduction glory are creating an air of anticipation and trepidation. Who will go home and who will go all the way?

The Trustees Report Is Here

With the release of the 2011 OASDI Trustees Report, there are a lot of numbers to digest, not to mention a few hundred pages to read (if you actually want to go through the whole thing). Fortunately, for our readers, CRFB has released its analysis of the report, which breaks down the important points.

Raising the Retirement Age Still Is a Good Idea

Update: Chuck Blahous joined the debate today in a piece over at e21, setting the facts straight on longevity increases, the retirement age, and how exactly the Fiscal Commission's plan would affect retirement benefits.

Between the ‘Line’s: Meetings, Plans, Halfsies and One Cent

No Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave a major address Monday night to the Economic Club of New York where he said that increasing the statutory debt limit should be accompanied by spending cuts greater than the amount of the debt limit increase.

WATCH: Senate Finance Committee Hearing 'Perspectives on Deficit Reduction: Social Security'

At 10:00am today, the Senate Finance Committee will hold a hearing on Social Security reform titled "Perspectives on Deficit Reduction: Social Security." Witnesses will include James Roosevelt, Jr. from Tufts Health Plan, Chuck Blahous from the Hoover Institute, Nancy Altman of the Pension Rights Campaign and the Strengthen Social Security Campaign, and Alex Brill from the American Enterprise Institute.

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