Social Security Weathered Pandemic Better Than Expected
Summary
Wall Street Journal: “The near-term finances of the federal government’s retirement and disability programs appear to have weathered the storm better than many policy analysts had predicted—taking some pressure off the Biden administration and Congress to reach a long-term solution to keep them solvent.
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Social Security Weathered Pandemic Better Than Expected
Wall Street Journal: “The near-term finances of the federal government’s retirement and disability programs appear to have weathered the storm better than many policy analysts had predicted—taking some pressure off the Biden administration and Congress to reach a long-term solution to keep them solvent.”“Longer term, though, the programs are being squeezed by rising costs and declining revenue as the population ages, and they are on track to dep…
Social Security Weathered Covid-19 Better Than Expected, but Long-Term Challenges Remain
The near-term finances of the Social Security program appear to have weathered last year’s recession better than many policy analysts had predicted, taking some pressure off the Biden administration and Congress to reach a long-term solution to keep them solvent.