Chief Actuary releases updated Social Security valuation given COVID economic impact December 30, 2020 “Historically, we have used the most recent Trustees Report’s intermediate projection as our baseline for evaluation of legislative proposals until the next Trustees Report… Continue Reading
CBO reports the Social Security will exhaust funds by 2031 September 8, 2020 The Congressional Budget Office has released its September 2020 outlook report for major federal trust funds, factoring unemployment data since the beginning of the… Continue Reading
Social Security is NOT Congress’ Rainy Day Fund July 28, 2020 The past several years, we’ve seen an alarming legislative trend: Asking young Americans to trade their future Social Security benefits for repaying their student… Continue Reading
Countdown clocks warn public of Social Security crisis July 11, 2019 Our friends over at The Seniors Center have recently launched two countdown to insolvency websites to warn the public about the looming funding crisis… Continue Reading