The Grim Reality of Joe Biden's 4-Point Plan to Change Social Security
The president's proposal to strengthen Social Security wouldn't do much to move the needle.
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The president's proposal to strengthen Social Security wouldn't do much to move the needle.
Social Security's Judgment Day is rapidly approaching, and there's no clear fix in sight.
Should the program be run like a business or like your neighbor’s rotisserie sports league?
The 2010 annual report by the Social Security trustees has been released. It comes as no surprise that the Trustees Report predicts massive—and permanent—yearly deficits if the Social Security system is not reformed. Though the report shows that Social Security payments are secure for another five years, Social Security already owes $7.9 trillion more in benefits this year than it will receive in tax revenues. The time for reform is now—delay will only make each challenge and problem harder to fix. Heritage Foundation financial and pension expert David C. John examines the findings of th...
Fair press or frantic, the strains on the trust can’t be denied — but they do need to be explained and planned for.