Social Security

Alice Rivlin To Receive 2013 Robert M. Ball Award

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.

NPR Takes a Look at Disability 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.

Durbin Voices His Support for Entitlement Reform

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.

Steuerle on Why Retirement Age Increases are Not Regressive

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.

Brookings Rethinks...Disability Insurance

We have been working our way through the “15 Ways to Rethink the Budget” report from the Brookings Institution’s Hamilton Project. Previously, we covered their defense proposals, reforms to Medicare, and tax expenditure proposals.

Why We Can't Wait to Act on the Debt

Last week, Paul Krugman took issue with Tom Friedman's comparison between climate change and the debt situation, but unfortunately missed the mark quite badly.

A Few Proposals For Reforming Entitlement Programs

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.

Robert Greenstein Answers Critics on Chained CPI

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.

The Chained CPI Explained

One option on the table that has great potential to be included in a final deal is the chained CPI. As we explain in our updated paper on the chained CPI, "Measuring Up," the current CPI overstates inflation because it doesn't account for substitution between different categories as relative prices change. Today, Marc Goldwein, CRFB's Senior Policy Director, further explained this policy in a CNN radio interview using the example of ham and turkey sandwiches. You can listen below:

Think Tanks Bring Ideas to the Table

Just as President Obama and the Republican leadership are trading offers, three think tanks--the Heritage Foundation, the Center for American Progress, and the Bipartisan Policy Center-- each offered ideas that could be used in the negotiations.

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