Social Security Trust Fund Report Shows Program's Finances Getting Worse
After adjusting for inflation, Social Security's unfunded liabilitybetween now and 2075 has risen to $19.8 trillion.
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After adjusting for inflation, Social Security's unfunded liabilitybetween now and 2075 has risen to $19.8 trillion.
To enhance economic performance, Congress should make thepro-growth portions of the Bush tax cuts permanent, implementreforms to shift the Internal Revenue Code closer to a simple andfair flat tax, cap the growth of federal spending, eliminateprograms or devolve them to the state and local levels, reformentitlements, and use cost-benefit analysis to rein in regulatoryexcess.
/PRNewswire/ -- As the 117th Congress returns for the lame-duck legislative work period, the Competitiveness Coalition today issued a letter to Republican U.S....
Social Security's $20 Trillion Shortfall: Why Reform is Needed
Urges McCarthy, McConnell to Hold the Line On S. 2992 & S. 2710 During Lame-DuckWASHINGTON, Dec. 1, 2022 /PRNewswire/ -- As the 117th Congress ret...