Publications -- Social Security
Apr 15, 2002 |
BA #394 – Analyzing the 2002 Social Security Trustees ReportIs Social Security in financial trouble? If you believe a press release issued by the Trustees of the Social Security and Medicare Trust Funds, the answer is no. If you go to the fine print of their annual report, however, the answer is a resounding yes. |
Dec 18, 2001 |
BA #385 – Social Security Reform: The NCPA's 'Hybrid' PlanPresident Bush's Commission to Strengthen Social Security moved the Social Security reform discussion forward. However, despite the commission's hard work, its findings are not the final word in the debate. As Congress takes up the discussion, it should consider the "hybrid" reform plan proposed by the National Center for Policy Analysis. The NCPA plan combines the most attractive features of major plans developed by both Republicans and Democrats over the past several years. It includes no benefit cuts for those who contribute to a personal retirement account (PRA) and no tax increases. |
Dec 18, 2001 |
BA #387 – Two Cheers for the Commission to Strengthen Social SecurityPresident Bush created the Commission to Strengthen Social Security in May 2001 to develop a plan to reform the nation's retirement system. The commission's final report to the White House includes three broad frameworks for reform and leaves it up to Congress and the administration to develop the details. |
Dec 10, 2001 |
BA #382 – Is the Stock Market Too Risky for Retirement?Now that President Bush's Commission to Strengthen Social Security is preparing its report for release later this year, the debate on the wisdom of investing in the stock market is again at center stage. As we choose which option, if any, will replace Social Security's present financing, the behavior of our stock market over the last three-quarters of a century clearly suggests that it should be one of the considered choices. |
Nov 30, 2001 |
ST #247 – Government Spending on the Elderly: Social Security and MedicareSocial Security and Medicare will begin paying out more in benefits than they collect in payroll tax revenues. As a result, taxes will have to rise. |
Nov 30, 2001 |
ST #246 – Is War Between Generations Inevitable?In less than a decade, members of the baby boom generation will begin reaching their retirement years. At that time, 77 million people will begin to leave the labor market. They will cease to be taxpayers and begin to receive Social Security and Medicare benefits. This will mark the beginning of an enormous conflict over resources. Indeed, it is probably no exaggeration to say that we are approaching generational warfare. |
Aug 10, 2001 |
BA #366 – Straight Talk about the Social Security Trust FundPresident Bush has appointed a bipartisan commission to study reform of Social Security. But the response to the commission's first report reveals that most Americans - and many members of Congress - do not understand how Social Security works. |
Jul 31, 2001 |
ST #244 – Social Security and Market RiskThere have been a number of proposals to invest the Social Security surplus in the financial markets. Some proposals call for the government to do the investing. Others would have workers deposit part of their payroll tax payments in individual accounts that would be invested in assets, such as stocks and bonds. Are such investments inherently risky? |
Apr 18, 2001 |
BA #362 – Questions and Answers About Personal Social Security Retirement AccountsBetween now and 2015 Social Security will accumulate large surpluses. Social Security reform proposals before Congress would utilize these surpluses by allowing workers to invest 2 percentage points of their payroll taxes in personal retirement accounts (PRAs). The PRA balances, with their accumulated interest and dividends, would replace an increasing portion of retirees' Social Security benefits and reduce the government's obligation to pay retirement benefits. |
Apr 18, 2001 |
BA #361 – The Nightmare in Our Future - 2001 UpdateSocial Security and Medicare are in trouble. By 2016, both programs will begin paying out more in benefits than they receive in payroll taxes. And the government will no longer be able to maintain full benefit payments to retirees at current tax rates. These programs will consume an ever-increasing portion of workers' incomes if the government is to keep its promises. |
