Social Security

What Will The Mid-Term Elections Mean For Seniors And Their Families?

What will last Tuesday’s election mean for older adults and their families? A slim Democratic majority in the Senate combined with what is likely to be narrow Republican control of the House likely means no new legislative initiatives will pass Congress in 2023. The Biden Administration’s ambitious plan to support frail older adults and their families is dead, at least [...]

By |2022-11-16T10:42:53-05:00November 16th, 2022|Federal senior services programs|0 Comments

Politicians Arguing Again About Social Security. That’s Good

Suddenly, Social Security reform is back in the news. For all the wrong reasons, perhaps. But at least politicians are talking about it. And that’s a good thing. After all, in only about a dozen years, the Social Security Old Age trust fund will be insolvent and able to pay only about three-quarters of its promised benefits. Despite that looming [...]

By |2022-10-26T11:21:12-04:00October 26th, 2022|Social Security|0 Comments

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

What Will Biden Do For Seniors?

In his campaign, President-elect Joe Biden promised a wide range of policy changes aimed at supporting older adults, including paid leave and tax credits for families caring for older adults, significantly more funding for Medicaid community-based long-term services and supports, and significant reforms to Social Security The question will be how much can he get done, given other priorities and [...]

By |2020-11-10T11:06:46-05:00November 10th, 2020|Joe Biden|0 Comments

What Biden And Trump Would Mean For Older Voters

As with so many issues, there is a major gulf between President Trump and former Vice President Joe Biden when it comes to issues that directly affect older adults. Biden has proposed a long list of specific proposals. Trump has said remarkably little about what he’d do in a second term, and that silence extends to programs that affect seniors. [...]

By |2020-10-26T13:54:56-04:00October 26th, 2020|campaign 2020|0 Comments

Why Won’t Congress Ease Medicare Enrollment For Those Not Yet Taking Social Security?

You are turning 65. But-- like 40 percent of other 65-year-olds-- you have not yet claimed your Social Security benefits. For many older adults, that choice makes good financial sense. Except for one problem: You may find yourself getting hit with big penalties for failing to enroll in Medicare.  Why? Because you probably didn’t know you had to. Congress could [...]

By |2020-01-10T09:36:19-05:00January 10th, 2020|Medicare|11 Comments

The Federal Government Will Spend Half Its Budget On Older Adults In Ten Years

In 10 years, the federal government will spend half its budget (not counting interest on the debt) on those aged 65 and older. The inexorable aging of the Baby Boom generation means that a growing share of federal spending will be used to support older adults—mostly for health care and retirement benefits. As CBO importantly notes, it is misleading to [...]

By |2019-02-01T09:25:16-05:00February 1st, 2019|Aging|0 Comments

A Constitutional Amendment To Cut Benefits For Old and Sick People

The House is scheduled to vote tomorrow on a constitutional amendment to require the federal government to balance its budget every year. Lawmakers would be more honest if they just called it a Constitutional Amendment To Cut Benefits For Old People. Because that’s who’d likely bear the brunt of the spending cuts needed to comply with such a balanced budget [...]

By |2018-04-11T15:18:37-04:00April 11th, 2018|Uncategorized|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