With the President proposing switching to the chained CPI to measure inflation, the attack dogs are out.
The recent NPR segment from Chana Joffe-Walt on the disability insurance program has certainly started a conversation. The Washington Post's Wonkblog in particular has been examining the story, and last week Dylan Matthews posted a story with five ways to reform the program. Matthews's list includes:
CRFB board member and former CBO and OMB director Alice Rivlin is somewhat of a legend in the budget world, with a long line of work spanning from being the first director of the Congressional Budget Office to most recently serving as a member of the Fiscal Commission and as co-chair of the Domenici-Rivlin Debt Reduction Task Force. It then comes as no surprise that the National Academy of Social Insurance (NASI) would present her with its 2013 Robert M. Ball Award for her work on social insurance.
In a recent story called “Unfit for Work: The Startling Rise of Disability in America,” Chana Joffe-Walt of NPR's Planet Money takes an in-depth look at the Social Security Disability Insurance (SSDI) program, which covers a growing number of Americans and is projected to face insolvency by 2016.
In a Wall Street Journal breakfast yesterday, Senate Majority Whip and former Fiscal Commission member Dick Durbin (D-IL) reiterated his support for entitlement reform in a comprehensive debt deal. We've said time and time again that the only way lawmakers are likely to resolve our long-term debt problem is by putting everything on the table, and we commend Durbin for his approach.
When considering raising the retirement ages for Social Security or the eligibility age for Medicare, some critics usually argue that change would disproportionately harm poorer workers, who do not live as long as wealthier workers. Michael Fletcher alludes to this in his recent article in The Washington Post about disparities in life expectancy among different socioeconomic groups.
A recent report from the Business Roundtable (BRT) outlines their proposal to reform Social Security and Medicare with the goal of maintaining an effective and efficient social safety net for future generations while addressing our long-term fiscal imbalance.
The chained CPI has been receiving much attention lately after being included in the latest offers from both the GOP and White House. Some critics of the policy have been voicing their concerns, and yesterday, CRFB chimed in again to clear up the misconception that moving to the chained CPI would be regressive.