The Congressional Budget Office and government actuaries for decades have shown that Social Security and Medicare remain on unsustainable tracks, but it is often hard...
President Trump was afraid to tackle the dominant set of spending and tax issues facing the federal government. Ditto, so far, for President Biden. Under...
Most Social Security reform proposals have focused on one goal: restoring the program’s long-run fiscal balance. Yet under all recent proposed restructurings we have examined—whether...
Typical millennial couples born in 1995 who retire in 2060 are scheduled to receive about $2.2 million in lifetime Social Security and Medicare benefits.
The IRS has done an impressive job delivering over 80 million rebate payments authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But...
Last night, the, the Treasury Department announced it was reversing course and would make direct coronavirus rebate payments to Social Security beneficiaries even if they...
Federal lawmakers have found many ways to shift the responsibility for today’s spending to tomorrow’s taxpayers. But among the most important is their habit of...
