EconomyCommentary
Fix Social Security With Ownership, Not More Government
The trustees for Social Security have just issued their annual report. And, as we have learned annually over recent years, the system cannot meet its… Read More
EconomyCommentary
Social Security Trustees Forecast Significant Deterioration, 23% Benefit Cuts in Just 10 Years
The Social Security trustees released their annual report Friday, noting significant deterioration in Social Security’s financial well-being. Here’s what Americans need to know. Social Security… Read More
CBO Report Estimates 2014 Deficit at Half a Trillion Dollars: Why The Real Deficit Number is Actually Higher
Today the Congressional Budget Office (CBO) released its updated projections for the 2014 federal budget. CBO reports the 2014 deficit at $492 billion, just shy… Read More
Social Security Disability Insurance Program Requires Immediate Reform
The Social Security Disability Insurance (SSDI) trust fund is projected to run dry in just two years. Absent legislation to address the disability program’s impending… Read More
Economy News
Obama Needlessly Scares Seniors: Social Security Checks and the Debt Limit
President Obama is needlessly scaring seniors by suggesting that their Social Security benefit checks may not arrive on time if the U.S. runs out of… Read More
Social Security Turns 78: What Was It Meant to Do?
When President Franklin D. Roosevelt signed Social Security into law on August 14, 1935, he referred to it as “a law which will give some… Read More
Social Security’s Unfunded Obligation Rises by $1 Trillion
Contrary to claims by cheerful news sources, Social Security’s deficit outlook is not “unchanged” or “no worse.” Social Security’s unfunded obligation rose by $1 trillion… Read More
Retirement: Delaying It Brings Many Benefits
Too many healthy seniors retire early at a loss to their wealth and to society. Meanwhile, Social Security is in dire need of reform. Delaying… Read More
Presidential Race Puts Social Security Reform Back on National Agenda
Social Security took center stage at last night’s Republican presidential debate, emerging as a key issue among candidates at the Ronald Reagan Presidential Library in… Read More
Social Security is Adding to the Debt Now
Sen. Harry Reid (D-NV) just doesn’t have a strong grasp of the facts when it comes to Social Security and the debt. Yesterday, at a… Read More
