Friday, August 22, 2008

EconomistMom on new CBO projections

EconomistMom has a very interesting post on the new CBO Social Security numbers. She focuses on how individuals are treated under Social Security, which I hadn't really commented on yesterday. I included a comment with a technical disagreement regarding how the Bush tax cuts affect Social Security financing (short story: neither the CBO numbers nor the Trustees actually model the Bush tax cuts; CBO assumes more revenues than we'd collect if we extended the Bush tax cuts, the Trustees assume less).

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