Monday, May 9, 2016

Goldwein: Candidates Need to Start Offering Solutions

March Goldwein of the Committee for a Responsible Federal Budget writes for Real Clear Policy:

There’s an old saying that Social Security is the third rail of American politics — touch it and you die. That’s unfortunate, given that Social Security is on a path towards insolvency; failure to touch it will result in an abrupt, 21 percent across-the-board cut in benefits for everyone who relies on the program, according to the 2015 Social Security Trustees’ report.

Far too little attention on the campaign trail has been given to the types of solutions necessary to fix Social Security and too much to perpetuating myths that cloud the discussion. In addition to an interactive online tool, “The Reformer,” that allows ordinary citizens to choose various policy options and come up with their own Social Security plan, we at the Committee for a Responsible Federal Budget have released a paper identifying and debunking some of the myths that we’ve heard in the 2016 campaign.

There are a bunch of neat charts and new facts in Goldwein’s piece, so it’s worth checking out.

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