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A system that lets participants choose between the traditional system and a lower-cost settlement paid in inflation-adjusted Treasuries could ensure the program's solvency.
To establish Social Security as a sustainable, solvent program, changes are necessary. A wide range of reforms have been proposed in recent years, and many of those proposals include changes both to future benefits and to payroll taxes.
The claim that 20-somethings are more likely to believe they will see flying saucers than collect from Social Security is exaggerated.
Cutting the payroll tax cut, or even eventually eliminating it, might make more sense - if it happens on the Medicare, rather than Social Security side, of FICA.
Joesph Antos' statement on premium support for Medicare before the House Committee on Ways and Means' Subcommittee on Health
The debate over the debt limit provides an opportunity for meaningful fiscal reform. The debt subject to the debt limit should be redefined to include only the total of all debt instruments held by the public, and Congress should develop uniform standards for regular, plain-English disclosure to the public of all unfunded governmental obligations, separate and distinct from the publicly held debt.
While some Republicans have been distancing themselves from Rep. Paul Ryan's proposed Medicare overhaul, Florida's junior senator, Marco Rubio, has emerged in recent weeks as Ryan's most ardent public defender.






