Little-Known Facts
Andrew BiggsMuch of what we think is true just isn't. And there's data to prove it. Writing mostly about retirement security, with occasional side-trips.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 53 | Founded | 2 years ago | Last Issue | 8 days ago |
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How a smaller Social Security deficit can lead to a larger federal debt
The Congressional Budget Office released its new long-term projections for Social Security’s finances. Surprisingly, the CBO found that Social Security’s 75-year shortfall declined, from 4.71% to 4.55% of taxable payroll. That implies that,...
The two charts any Social Security reformer should understand
Social Security is underfunded by over $30 trillion, meaning reform must raise taxes by $30 trillion, reduce benefits by $30 trillion, or some combination of the two.
A new analysis by the Penn Wharton Budget Model shows that which approac...
The Retirement Myth Everyone Gets Wrong About Medicare
Retirement article commonly warn that Medicare doesn’t cover long-term care. That’s true, but only if you’re talking about one type of long-term care. In fact, Medicare spends over $100 billion each year on long-term services and supports (...
In talking Social Security reform, “bankrupt” actually might be the best word to use
Social Security’s retirement trust fund is projected to run dry in 2032. Among in-the-know commentators, it’s customary to distance oneself from claims that Social Security is going “bankrupt.” It’s seen as a gauche term to use.
I’m going...
The Social Security Trustees Are Ignoring the Law
Every year since 1985, Social Security’s Trustees have warned that the nation’s retirement program faces a long-term funding gap. Every year, politicians express concern. And every year, nothing happens.
This year was no different, with on...
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Authors
The writers behind this newsletter.
I'm a senior fellow at the American Enterprise Institute, where my work (mostly) focuses on retirement issues. I occasionally dabble elsewhere.
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