Social Security

Biden Proposed Raising Social Security Payroll Taxes By $740 Billion…And Still Got Elected President

An amazing thing happened in this year’s presidential election. A major party candidate proposed raising Social Security payroll taxes. And won.  More than that, it was never even an issue. What ever happened to Social Security being the third rail of American politics? The candidate, of course, was Joe Biden. He proposed a quite detailed plan for reforming Social Security [...]

By |2020-11-17T11:45:41-05:00November 17th, 2020|Social Security|0 Comments

Immigration Curbs Will Weaken Social Security

President Trump has proposed deporting hundreds of thousands of immigrants and backed curbs on legal immigration into the US. The president’s aggressive views on immigration have generated intense debate over the past year, but much of that discussion has ignored a key issue: What immigration restrictions would mean for the long-term health of Social Security. A new study by my Urban Institute [...]

By |2018-02-21T15:21:07-05:00February 21st, 2018|Social Security|0 Comments

The Coming Congressional War Over Social Security Disability

A technical rule change engineered by House Republicans on the first day of the new Congress may signal the beginning of a major battle over the future of the Social Security Disability program—and, more broadly, other federal programs for people with disabilities. The immediate issue is the fate of the SSDI trust fund, which is expected to become exhausted in [...]

By |2015-01-07T20:46:24-05:00January 7th, 2015|Social Security|5 Comments

What Will the Budget Mess Mean for Seniors and Social Security?

How will Washington’s ongoing budget crisis affect seniors? Not much, at first. But it could become very costly in just a few weeks. One big unresolved question: Will Social Security benefits be paid if the government breaches the debt limit? Many seniors programs will continue to operate for at least a while. For now, Social Security checks are going out [...]

Paul Ryan Would Slash Federal Senior Services

Paul Ryan, Mitt Romney's vice-presidential pick, would fundamentally remake federal health and long-term care services for the frail elderly and adults with disabilities. He'd completely restructure Medicare, slash funding for Medicaid, and likely abolish most of the other safety net programs that this vulnerable population has come rely on over the last half-century. It is fair to say that no major party candidate for [...]

Six Common Sense Ways to Fix Social Security

There may be no more controversial issue for both Baby Boomers and their parents than Social Security. After AARP officials said last week the organization would be open to discussing changes in the system, I wrote the following for my TaxVox blog: Social Security has two obvious problems. While the system is not “broke,” as some insist, it will have only enough [...]

By |2011-06-22T21:36:58-04:00June 22nd, 2011|Aging, Social Security|1 Comment