WASHINGTON -- The Concord Coalition today warned against creating new entitlements based on future budget surpluses that President Clinton projected will be $1 trillion more than previously expected. "If you do the math, you'll see that 51 percent of the…
WASHINGTON -- The Concord Coalition today commended the sponsors of Social Security lock box proposals, specifically bills H.R.1259 and H.R.1927, for their efforts to lock away the Social Security surplus. (more…)
WASHINGTON -- With the U.S. House of Representatives scheduled to vote later today on a supplemental emergency spending package for Kosovo, the Concord Coalition warned against using the Social Security surplus to fund non-emergency additions to the defense budget. (more…)
WASHINGTON -- The Concord Coalition emphasized today that estimates the Social Security trust funds will be solvent until 2034 are irrelevant from an economic standpoint. In fact, the Social Security Trustees' report released today indicates that the long-term financial problems…