Introduction According to the Congressional Budget Office (CBO), the federal government will continue to face a large and growing shortfall between taxes and spending, resulting in a rising level of federal debt held by the public.[1] This debt will crowd…
Introduction According to public opinion polls, most Americans believe the rich do not pay their fair share of taxes.[1] While these polls do not reveal what the public believes a fair share would be, many pundits and politicians suggest history…
Introduction According to public opinion polls, the most popular way to “fix” Social Security is by taxing the rich, specifically by increasing or eliminating the limit on wages subject to the Social Security payroll tax.[1] Despite the populist appeal of…
Download the pdf: History and Future of the Social Security Trust Fund_ Part II Read Part I Read Part III Introduction Part II of this issue brief series explains how changes to the…
Introduction Earlier this month the Department of Education proposed new regulations to allow more students to avoid repaying the money they borrowed to attend college.[1] These regulations would effectively turn the student loan program into a federal grant for many…
Download the pdf: The Social Security Un-Fairness Act Introduction In a rare display of bipartisanship, more than 300 members of the U.S. House of Representatives have co-sponsored legislation (H.R. 82, “Social Security Fairness Act”) to increase benefits for individuals who…