Social Security
Latest
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Disgraceful
Senate vote on Baucus amendment (97-0 vote to exempt changes to Social Security from a statutory budget commission from fast-track vote in Congress).
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Event Recap: Release of 'Red Ink Rising'
On December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...
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The Grassroots Talk Fiscal Stewardship
Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...
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Obama Nominates New Social Security Trustees
Today, the White House nominated Charles Blahous, III and Robert Reischauer. Both have been nominated to fill vacant posts for public trustees on the...
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Administration Proposes One-Time Payment to Seniors
Today, the Social Security Administration (SSA) announced that, in light of the deflation experienced over the past year, there will be no COLA for...
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Social Security Beneficiaries Rise by 19%
According to Bloomberg News, the number of Social Security beneficiaries increased by 19 percent, or 2.6 million retired workers, in FY 2009. This...
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Economic Crisis Puts Strain on Social Security
As the Associated Press recently reported, Social Security has come under considerable strain as a result of the economic crisis. Payroll tax revenues...
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More Pandering to Seniors
Yesterday, the House voted 406-18 to prevent an 8 percent increase in Medicare premiums for 11 millions seniors, many of whom are well-off. At a time...
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Understanding What Happened to My Social Security COLA
AARP Public Policy Institute recently held an event on the impact of a period without a cost-of-living adjustment on Social Security beneficiaries and...
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CBO Projects Social Security Deficits in 2010
CBO recently published new projections for the revenues and outlays for Social Security (kudos to Andrew Biggs for pointing this out). The updated...
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Pandering to Seniors
Responsible budgeting is always challenging – but it is particularly so when the discussion centers on certain “third rail" issues like seniors...
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Fiscal Space, Stimulus and Entitlement Cuts
Given the weak economy, how do we balance our need for economic stimulus now with our need to get our fiscal house in order to prevent the age and...