The Committee for a Responsible Federal Budget submitted a statement for the record pertaining to the Senate Budget Committee hearing on "Social Security: A Discussion on the Facts and the Path...
Social Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing large deficits, Social Security now pays the...
Social Security is projected to be insolvent in less than seven years. Lawmakers need to make changes to the funding and benefit structure of this important program as quickly as possible to avoid a...