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Fri, 15 May 2009 10:19:47 GMT
The latest report on the solvency of the Social Security and Medicare trust funds reveals that these entitlement programs will likely run out of money sooner than expected. Senior Fellow Henry Aaron assesses the future of these two programs.
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Sun, 31 Aug 2008 00:00:00 GMT
The poor in American cut across all groups, but are disproportionately represented by single mothers and their children, by persons of color, by immigrants, by less-skilled individuals, or by those with physical or mental disabilities. Many working poor and near-poor families face problems with low wages or unstable jobs. This paper by Rebecca Blank outlines three strategic areas where policy and research attention should focus over the next decade.
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Thu, 19 Jun 2008 00:00:00 GMT
Kent Weaver argues that a new approach to Social Security reform requires the president and congressional leaders to agree on an overall mandate for a commission named through a bipartisan nominating process designed to generate a group that is likely to focus on practical, consensus-building solutions. Special procedures in each house of Congress would provide expedited consideration of the commission’s reform package and alternatives, while providing incentives for constructive congressional engagement in the reform process.
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Tue, 17 Jun 2008 00:00:00 GMT
The next president and new Congress face a daunting set of challenges come January 2009: Iraq war, troubled economy, global climate change, looming government debt, taxes, health care reform and rebuilding infrastructure, all vying for immediate attention. Such a long "to do" list presents two possible tactics: tackle the hardest problem first or get the easy ones out of the way. Alice M. Rivlin and John W. Kingdon prefer the latter and would start with Social Security.
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Tue, 01 Apr 2008 00:00:00 GMT
Unsustainable deficits in the federal budget threaten the health and vigor of the American economy. When the next president and Congress take office in January 2009, they will face one crucial question that has been almost absent from the current election campaign: how to close the enormous gap between projected federal spending and revenues.
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Mon, 31 Mar 2008 10:30:00 GMT
Event Information:
- March 31, 2008, 10:30 AM to 12:00 PM
Some of the nation’s top economists and budget policy experts presented a new paper arguing that the first step toward establishing budget responsibility is to reform the budget decision process so that Social Security, Medicare and Medicaid—the major drivers of escalating deficits—are no longer on auto-pilot.
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Fri, 21 Sep 2007 00:00:00 GMT
President Bush made Social Security reform his top domestic priority in 2004. In this paper, Brookings's William Galston examines why the president's proposal failed and the politics of Social Security reform.
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Wed, 28 Feb 2007 00:00:00 GMT
Currently projected deficits are unsustainable and pose serious risks to the economy, make us dangerously dependent on other countries, impose a "debt tax" on every taxpayer, send the bill for current spending to future generations, and weaken the government's ability to invest in the future or respond to emergencies. The next President will have to act to meet the deficit challenge.
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Mon, 01 Aug 2005 00:00:00 GMT
&The debate about reforming Social Security has become increasingly ideological. Scare tactics and unrealistic promises have become the norm. Diamond and Orszag bring some welcome realism and decency to the debate. They show exactly where the current
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Tue, 01 Mar 2005 00:00:00 GMT
Article by Peter A. Diamond and Peter R. Orszag, Journal of Economic Perspectives (Spring 2005)