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We Need a Real Discussion About Reforming Social Security to Prevent Insolvency and Benefit Cuts – Not More Fake News

Key Points Social Security trust funds are projected to become insolvent in 2035. Unless Congress acts, this will trigger benefit cuts of roughly 17 percent. President Trump and Elon Musk have repeatedly claimed that improper benefit payments to dead people…

The Social Security Lie That Just Won’t Die

In response to a newspaper report that he was either gravely ill or dead, American author and humorist Mark Twain famously said, “Reports of my death are greatly exaggerated.” Although Mark Twain is undeniably dead, along with every other American…

Social Security vs. The Vampires

Elon Musk made headlines this week when he revealed the Social Security Administration (SSA) failed to record the deaths of millions of people over the age of 100 and suggested vampires might be real and a lot of them were…

House Budget Resolution: More or Less than Meets the Eye?

This past Thursday the House Budget Committee kicked off the (sometimes) annual budget process by marking up its version of the Fiscal Year 2025 congressional budget resolution. The House version differs substantially from the Senate Budget Resolution marked up earlier…

Senate Budget Resolution: The Road Not Taken?

This week the Senate Budget Committee is expected to markup a Congressional Budget Resolution for Fiscal Years 2025 through 2034. The Chairman’s mark to be considered by the Committee includes the recommended levels of spending, revenue, deficits, and debt over…

Paradigm Shift in Fertility Expectations?

The National Center for Health Statistics recently released the latest data (2022-2023) from the National Survey of Family Growth (NSFG). This survey collects health and family-related information, including data on actual previous births and expected future births. The latest survey…

The Hidden Cost of The Social Security Fairness Act

Last month during its post-election “lame duck” session, Congress passed the Social Security Fairness Act (H.R.82) that repealed the GPO and WEP. These two provisions reduced or eliminated the Social Security benefits of workers who receive a pension from a…

The Debt Limit Needs Reform

It’s January 2025 and under the terms of the June 2023 budget deal, the United States government is once again subject to a limit (roughly $36 trillion) on how much it can borrow. That might strike a lot of people…


Economist Mancur Olson once observed, “Where small groups with common interests are concerned, then, there is a systematic tendency for ‘exploitation’ of the great by the small!” Olson’s observation was originally applied to the provision of public goods. But his…


This week the Government Accountability Office (GAO) issued a report on the need to modify the statutory debt limit to reduce the risk of a government default and avoid the adverse consequences such a default would have on financial markets…


Next week, the House of Representatives is expected to vote on a bill to increase Social Security benefits for the small percentage of workers who receive pensions from jobs not covered by Social Security. This legislation, which is projected to…

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