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TRUST Act has Bipartisan, Bicameral Reintroduction
Last week, a bipartisan and bicameral group of lawmakers reintroduced the TRUST Act , which would establish bipartisan commissions to restore...
CBO Projects Major Trust Fund Exhaustions on the Horizon
A number of important federal programs — including Social Security and Medicare — are financed through dedicated revenue sources and managed through...
Social Security Turned 85 – We Must Secure Its Future
For Immediate Release Today marks the 85th anniversary of the Social Security program, America’s largest and most successful income support program...
Senate Proposal Would Address Trust Fund Insolvency Accelerated by COVID Recession
For Immediate Release The next COVID relief bill could incorporate the bipartisan TRUST Act, a bill which would establish bipartisan bicameral...
Major Trust Funds Headed for Insolvency Within 11 Years
A number of important federal programs, such as Social Security and Medicare, are financed through dedicated revenue sources and managed through...
Robert Reischauer and Charles Blahous: Letter from Former Trustees of Social Security and Medicare
The 2020 annual reports of the Social Security and Medicare trustees underscore the increasingly urgent need for legislative corrections to both...
Analysis of the 2020 Social Security Trustees' Report
Today, the Social Security Trustees released their annual report , showing that Social Security faces a precarious and worsening financial situation...
Pre-COVID, Social Security and Medicare Faced Insolvency
The Social Security and Medicare Trustees have released their reports on the financial state of their programs. Even though the Trustees do not...
Trustees Detail Pre-COVID-19 Medicare, Social Security Insolvency Timeline
the Social Security trust funds in 15 years. After accounting for the sharp economic downturn caused by the pandemic, the trust funds are likely to...