With Automatic Benefit Cuts Looming, Nearly All Voters Want Lawmakers to Reform Social Security
Last Updated October 30, 2023
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years. If lawmakers fail to act, there will be an automatic 23% annual benefit cut for all recipients. That’s a loss of about $17,400 per year for the typical retired couple
The vast majority of voters are urging lawmakers to take action to strengthen Social Security, according to a new national poll, jointly conducted by Democratic firm Global Strategy Group and Republican firm North Star Opinion Research.
Further Reading
A Bipartisan Roadmap for Social Security Reform
Lawmakers are running out of time before automatic reductions to benefits are activated; the Brookings Institution plan is a valuable contribution to the policy discussion.
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Understanding how demographic challenges contribute to the United States’ fiscal challenges can help policymakers adopt fiscally sustainable policies.
What Is the Farm Bill, and Why Does It Matter for the Federal Budget?
The Farm Bill provides an opportunity for policymakers to comprehensively address agricultural, food, conservation, and other issues.