A Well-Tailored Safety Net: The Only Fair and Sensible Way by Jed Graham

Posted by

By Jed Graham

This interesting booklet introduces the 1st Social safety reform inspiration adapted to satisfy the nation's monetary demanding situations and take care of an getting older population.

• greater than 50 charts and tables element the controversy over Social safeguard reform, together with the money merits retirees may get less than a variety of proposals

Show description

Read Online or Download A Well-Tailored Safety Net: The Only Fair and Sensible Way to Save Social Security PDF

Best government books

Claim of Privilege: A Mysterious Plane Crash, a Landmark Supreme Court Case, and the Rise of State Secrets

On October 6, 1948, a U. S. Air strength B-29 Superfortress crashed quickly after takeoff, killing 3 civilian engineers and 6 group contributors. In June 1949, the engineers' widows filed swimsuit opposed to the govt, made up our minds to determine what precisely had occurred to their husbands and why the 3 civilians were on board the aircraft within the first position.

The Late Great U.S.A.: The Coming Merger With Mexico and Canada

In "The past due nice USA," Jerome Corsi argues that the benignly-named "Security and Prosperity Partnership," created at a gathering among George W. Bush, Stephen Harper and Vincente Fox, is in truth an analogous form of local integration plan that led Europe to shape the ecu. in accordance with Corsi, the elites in Europe in the back of the european knew that "it will be essential to disguise from the peoples of Europe what used to be being performed of their identify till the method was once up to now complex that it had turn into irreversible.

Texas Politics Today

The most well-liked booklet round for this direction, TEXAS POLITICS this day, 2009-2010 version, deals quite a lot of viewpoints from a number of authors, each one a famous authority at the Lone famous person nation. Its wealthy, nuanced shows of such present concerns as variety, immigration, redistricting, and the 2008 election supply a pragmatic photograph of the Texas political process and decision-making tactics.

Government Institutions: Effects, Changes and Normative Foundations

Examine on govt associations is among the most fun highbrow parts in political technological know-how and coverage experiences this day. more and more it really is famous via students in those fields that potent and bonafide regulations depend upon the layout and upkeep of complicated institutional preparations.

Extra resources for A Well-Tailored Safety Net: The Only Fair and Sensible Way to Save Social Security

Sample text

We don’t want to cut benefits. Let’s not raise taxes,’’ DeMint said. ’’1 And where would those ‘‘real savings’’ come from? 2 Under the 2005 proposal from fellow Republicans Sen. John Sununu and Rep. 1 trillion financing gap between 2009 and 2036, at which time it would still be running a deficit of more than $700 billion a year. 3 Forget the Easter Bunny. DeMint’s idea for saving Social Security was to pull a 6foot-tall, talking rabbit out of a hat. Under Ryan-Sununu, all workers younger than 55 would have the option of depositing their payroll taxes in an investment account, rather than allowing the government to spend those funds.

After all, both President Bill Clinton and the first President George Bush raised taxes. But it’s worth remembering that the budget deal that Clinton reached with the Republican-led Congress in 1997 set a goal of balancing the budget by 2002—after Clinton left office. Some of the credit for the budget surpluses of the late 1990s belongs to a windfall of tax revenue from an economy with a 4 percent jobless rate that was supercharged by a roaring stock market and the exploding growth of the Internet.

7 In theory, the trust fund balance represents the funds that the government has saved in years that the taxes paid into Social Security have exceeded the benefits paid out to retirees, spouses, disabled workers, and dependents. That’s happened in every year since 1983, when Social Security was last operating in the red. Back then, with the trust fund nearly empty, Washington addressed the crisis by raising taxes and trimming benefits. 9 Yet, as the government spent those excess Social Security funds, it issued special bonds that were deposited in the trust fund.

Download PDF sample

Rated 4.76 of 5 – based on 35 votes