By 2049, the national debt will equal 144 percent of GDP. A huge portion of this is due to Social Security costs. So how do we prevent fiscal ruin?
Listen now to Michael Boskin, senior fellow at the Hoover Institution, discuss global economic trends he sees impacting trade, immigration, 2020 issues, and more.
Meaningful discussion of entitlement reform is absent among Democrats running for president. Their plan for Social Security seems to be pretending it’s not going bankrupt.
Republicans are listening to campaign consultants telling them they need the women’s vote in 2020, and that buying them off with baby-scented government checks will do the trick.
Maybe people should be expected to retire on a smaller Social Security benefit if they did not contribute the next generation of taxpayers.
The truth is that we are the problem. Our benefits are ordinary, even small, to us, but collectively they are large enough to bankrupt our nation.
According to a recent estimate, the combined pension hole of all U.S. states and cities is now equal to the world’s fourth-largest economy, Germany. Also, Medicare has no money in eight years.
When does lavish federal spending get reined in? Not when there’s a Republican Congress, apparently.
The welfare state as currently constituted systematically discriminates against the poorest, sickest, and most vulnerable.
Senate Majority Leader Mitch McConnell should be reminded that two wrongs don’t make a right.
We need to stop whistling past the graveyard and realize the left is seeking total victory.
AEI Resident Scholar Andrew Biggs joins Federalist Radio to discuss Social Security, paid parental leave, and the economic road blocks in Puerto Rico.
The New Parents Act is a smart proposal. It’s not a tax increase. It’s not a new entitlement. And it may help make America’s bankrupt entitlements solvent if it encourages childbearing.
Sen. Marco Rubio’s proposal to use Social Security to fund family leave would actually hurt families by worsening the program’s already dire financial problems.
Annie Lowrey joins the Federalist Radio Hour to discuss poverty, the future of work, economics, and the idea of universal basic income.
The trustees who oversee Social Security issued their latest report on the financial health of it and Medicaid, and it is not good.
Republicans ought to embrace the moral arguments about reducing inequality to make a fresh case for limited government on Social Security.
Paul Ryan’s ‘legacy’ on entitlement reform will consist of his role as the first speaker to repeal a cap on entitlement spending.
Democrats and Republicans are working together to burn down the U.S. economy by ignoring our Medicaid- and Medicare-fueled debt tsunami.
Those supporting the Social Security paid leave approach think this could be our best, most realistic option and reshape how the public thinks about government and our public safety net.
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