Social Security
Latest
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Social Security and Medicare Trustees Release 2024 Reports
The Social Security and Medicare Trustees just released their annual reports on the financial status of the Social Security and Medicare programs. The...
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Trust Fund Solvency Could Stabilize the Debt
Restoring solvency to the major trust funds could stabilize debt as a share of the economy, albeit at a very high level. We estimate that when dynamic...
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Fiscal Commission Act: Just the FAQs
The House Budget Committee recently reported the Fiscal Commission Act (FCA), sponsored by Reps. Bill Huizenga (R-MI) and Scott Peters (D-CA) on a...
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Maya MacGuineas: Social Security is in trouble. Most candidates won’t admit it.
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Is Life Expectancy Really Falling?
During the fifth GOP presidential primary debate, Florida Governor Ron DeSantis argued against raising the Social Security retirement age because...
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Where Do the Candidates Stand on Social Security?
In less than ten years, Social Security’s retirement trust fund will be insolvent. Under the law, this will trigger an immediate 23 percent cut in...
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Marc Goldwein and Chris Towner: Social Security Can’t Grow Its Way Out of Trouble
Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. Chris Towner is policy director...
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Senate Budget Committee Holds Hearing on Raising Revenue to Save Social Security
On July 12, the Senate Budget Committee held a hearing titled " Protecting Social Security for All: Making the Wealthy Pay Their Fair Share" to...
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Retirees Face a $17,400 Cut if Social Security Isn't Saved
As the 2024 presidential campaign ramps up, candidates are facing pressure to pledge not to touch Social Security. While this pledge is framed as...
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The Case for Raising the Social Security Retirement Age
The Committee for a Responsible Federal Budget’s Marc Goldwein recently appeared on the “Open to Debate” podcast to discuss the benefits of raising...
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We Must Not Backslide on Fiscal Responsibility Act
The bipartisan Fiscal Responsibility Act (FRA) enacted last month was projected to generate $1.5 trillion of deficit reduction – more than any...
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Restoring Trust Fund Solvency Would Reduce Long-Term Debt Growth
Restoring solvency to the major trust funds would reduce one-half to four-fifths of the projected debt-to-GDP growth over the next three decades. The...