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Thinking about Retirement?
Social Security: Americans Agree VIDEO
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Have you seen “Social Security: Americans Agree?” Click here to learn more.
Social Security: Just the Facts Video
Have you seen, “Social Security: Just the Facts?” Click here to learn more.
COVERED: a week-by-week look at the political and legislative developments that led to the creation of Medicare and Medicaid 50 years ago. Bob Rosenblatt, Academy senior fellow and former Los Angeles Times Washington correspondent will report on the people and the maneuvers that led to this major expansion of social insurance.
Discuss: Share in our Policy Ideas
Focusing efforts on reducing costs of COVID-19 for those least able to bear them
Over the past two months, it has become clear that, like many other crises to hit the United States in recent decades – Hurricanes Katrina, Harvey, and Maria and the floods and droughts that have wiped out farms across the Midwest and California – the COVID-19 pandemic is disproportionately hurting those with the fewest resources to cope. The second Virtual Roundtable in the Academy’s Responding to COVID-19 series highlighted these realities.
Read More…The Impact of the COVID-19 Pandemic on Social Security's Financing and Benefits
The 2020 Report of the Social Security Trustees, released on April 22nd, notes that, using its best-estimate assumptions, the reserves of the combined Old Age Survivors and Disability Insurance (OASDI) Trust Funds along with projected program income are sufficient to cover projected program cost over the next 10 years. By 2035, however, these combined reserves are projected to be depleted. Unless Congress acts, the projected revenues will be sufficient to pay only 79% of scheduled benefits.
Read More…Responding to the COVID-19 Crisis: Impacts on the Disability Community
On Tuesday, May 5th, 2020, Academy Members and partners convened for the Academy's third Virtual Roundtable on Responding to the COVID-19 Crisis: Impacts on the Disability Community, moderated by Rebecca Vallas, Senior Fellow at the Center for American Progress. The online discussion featured three Academy experts:
Read More…In Memoriam: Paul O'Neill
Academy Founding Member Paul H. O’Neill passed away on April 18th. Paul O’Neill’s career was characterized by candor, foresight, and courage. His tenure at Alcoa was marked by his commitment to worker safety and better labor relations. As Treasury Secretary in 2001 and 2002, he opposed tax cuts and urged more aggressive measures to combat global warming. He prided himself on being a non-ideological pragmatist who valued facts and evidence.
Before serving as Secretary of the Treasury under President George W. Bush, O’Neill was Chair and Chief Executive Officer of Alcoa and President of International Paper. He also served as Deputy Director of the Office of Management and Budget (then called the Bureau of the Budget). His first job after graduating college was at the U.S. Veterans Administration.
Read More…Biden’s proposal to lower Medicare eligibility to 60: Design options and potential impacts
Democratic presidential candidate Joe Biden has called for lowering Medicare’s eligibility age to 60. What are the potential impacts and policy design issues to consider?
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