Social Security

For millions of workers, Social Security is all they have to keep them from destitution in old age. Even with Social Security’s guaranteed benefits, they struggle to make ends meet. Fortunately, Congress can easily strengthen retirement security by expanding Social Security. Congressman John Larson (D-CT) has a bill to do just that: The Social Security […]

Larry, The Social Security Board of Trustees has just released its annual report to Congress. And with the report comes the expected headlines predicting doom for our Social Security system. Thankfully, these headlines couldn’t be further from the truth. Social Security is in strong financial shape. These scary headlines are the product of a decades-long, billionaire-funded, […]

The United States is in the early stages of a crippling retirement crisis. Nearly half of all private-sector employees in the country—some 58 million people—had no company-sponsored retirement plan in 2018. As recently as 1999, only 39 percent of retiring workers were in this predicament. The retirement situation in the United States isn’t just bad; […]

Feeling their progressive oats after a few years in the wilderness, House Democrats on Tuesday revived a proposal to increase and expand Social Security benefits while making the program more solvent for the foreseeable future. The Social Security 2100 Act, introduced by Rep. John Larson (D-Conn.) with 200 Democratic co-sponsors, would make the program more relevant […]

Social insurance programs are at the center of American politics. In fiscal terms, Medicare and the Social Security Administration’s programs for retirement, disability, worker’s compensation, and worker’s life insurance amount to roughly 41 percent of the federal budget. This fiscal centrality, however, does not rest on anything like a broader, public understanding of what makes […]