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Friday, February 19, 2016

Social Security and Budget Reform

Hannah Oh writes at At The Hill:
We, literally, cannot afford a crisis in which both retirees and the disabled, who genuinely need help, risk losing their benefits because the government over-promised them payouts that it well knows it cannot provide. It is time to move Social Security on-budget to ensure sufficient funding and oversight for these programs on a regular basis. There is waste and fraud that should be investigated, and operations that can be streamlined and modernized. 
Such cost-cutting measures do not jeopardize current or future benefits. In fact, they have the exact opposite effect. By adequately reviewing and reforming these programs, the government can more effectively deliver the benefits it promised to growing populations of retirees and disabled people, while weeding out those who are abusing the system to obtain another unemployment check.