Don't Forget the Budget's Pre-existing Condition
October 15, 2021This week on Facing the Future we took a step back from the day-to-day budget battles in Washington to consider the overall fiscal outlook.
Social Security
Biggest COLA Since 1982 (Just Barely)
Earlier this week the Social Security Administration (SSA) announced the annual cost-of-living adjustment (COLA) for next year (2022) would be 5.9 percent. That’s slightly more than the
Has the Baby Boom Gone Bust?
Introduction
The annual Social Security and Medicare Trustees’ reports make numerous economic and demographic assumptions to project the long-term financial status of
The Arrhythmia of Federal Finances
September 22, 2021This week on Facing the Future, Tori Gorman and I discussed balance sheets, risk, and the “arrhythmia of finance'' with Peter Fisher, Senior Fellow at the Center for Business, Government
Doubling Down on a Trojan Horse
September 17, 2021Despite a pending government shutdown and looming debt default, this week federal lawmakers in Washington were hyper-focused on the House reconciliation legislation, the second installmen
Don't Forget Social Security and Medicare Challenges
September 16, 2021This week on Facing the Future, we got a thorough briefing on the latest Social Security and Medicare Trustees’ Report from Dr.
Trustees' Reports Sound Alarm - Will Lawmakers Listen?
September 01, 2021WASHINGTON -- While the nation’s attention is justifiably focused on multiple other crises, today’s publication of the Social Security
Social Security and the Federal Budget
Introduction
The impact of the Social Security program on the Federal budget has been the subject of much controversy and confusion. Indeed, disagreement between the
The Potential Cost of New Entitlements - Part 2
College Students
Introduction
President Biden’s FY 2022 Budget proposes to spend nearly $1.7 trillion over the next ten years on several new or exp