Saving Social Security: A Balanced Approach

摘要: While everyone agrees that Social Security is a vital and necessary government program, there have been widely divergent plans for reforming it. Peter A. Diamond R. Orszag, two of the nation's foremost economists, propose reform plan would rescue program both from its projected financial problems those who destroy in order to save In Saving 's strategy balances benefit revenue adjustments, following precedent set by last major early 1980s. The authors' proposal restores long-term balance sustainable solvency without imposing additional burdens on rest budget. Further, it protects disability young survivor benefits strengthens Security's protections low earners widows. Most important, preserves program's core social insurance role providing base-level assured income American workers their families time need. To better understand accomplishments Security, Orszag provide background as well causes deficit. They suggest ways which various alternative should be evaluated explain shortcomings proposals replace part with individual accounts. essential reading policymakers involved reform, analysts, students, all interested fate this safeguard lives.