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News-Sentinel.com Your Town. Your Voice.
Opening Arguments

Still solvent

Here's a rebuttal to that Robert Samuelson piece in Social Security I posted:

A small fact that Samuelson never mentions in this piece is that the Congressional Budget Office projects the program to be fully funded through 2038, with no changes whatsoever (i.e. no new taxes, contra Samuelson). If we want to make the program fully solvent for the rest of the century, a tax increase that is equal to 5 percent of projected wage growth over the next three decades should be roughly sufficient to do the trick. Are you scared yet?

I'll get mine then. Good luck with yours.