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Friday, February 19, 2016

New Momentum on Long Term Services and Supports

John Cutler, Senior Fellow, National Academy of Social Insurance

The Academy, which has a long tradition of exploring policy solutions to the challenges of long-term care, devoted a session at its January policy research conference to the financing of long-term services and supports.

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Friday, February 19, 2016

Unemployment Insurance Proposals in Obama Budget Offer Starting Point for National Conversation

Elliot Schreur, National Academy of Social Insurance

Benjamin W. Veghte, National Academy of Social Insurance

President Obama’s final Budget, released last week, included proposals for reforms to the federal-state unemployment insurance (UI) system. These budget proposals in part elaborate on remarks in his final State of the Union last month concerning supports for the U.S. workforce. The speech hinted at greater access to training programs by UI claimants and a full-scale wage-insurance program. The Administration’s Budget offers detailed proposals based on those remarks in addition to other UI-related improvements.

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Posted on February 19, 2016  |  Write the first comment
Friday, February 5, 2016

Income, Health, and Wealth Inequality Emerge as Strategic Focus of Academy Following January Policy Research Conference

Kristen Arnold, National Academy of Social Insurance

A blizzard dropping nearly 28 inches of snow did not stop hundreds of social insurance experts from participating in the Academy’s 28th annual policy research conference last week, Disparate Income, Wealth, and Opportunity: Implications for Social Insurance. Co-chaired by Kilolo Kijakazi of the Urban Institute, Maya MacGuineas of the Committee for a Responsible Federal Budget, and David Colby, the two-day conference – built upon two Fall convenings on the same topic – ushered in the Academy’s new strategic focus on income and wealth inequality. Participants, including new and veteran Academy members, came together to share views from both sides of the aisle on income, wealth, gender, and racial/ethnic disparities and how social insurance and other public policies can play a role in mitigating them in fiscally sustainable ways.

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Thursday, December 3, 2015

New Modeling Project Sets Stage for Debate About Long Term Services and Supports

John Cutler, Senior Fellow, National Academy of Social Insurance

The long-awaited launch of a modeling project on long term services and supports (LTSS) on November 17 is expected to set the stage for a new round of discussion and debate about how to reform LTSS (formerly referred to as long-term care).

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Posted on December 3, 2015  |  Write the first comment
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Thursday, August 13, 2015

Social Security’s Past, Present and Future

Benjamin Veghte, National Academy of Social Insurance

As we celebrate the 80th anniversary of Social Security, it is time to recall its contribution to the economic security of America’s working families, and to look toward its future.

Remarkably, for 80 years, through numerous wars and recessions, Social Security has never missed a payment, and has never contributed a penny to the federal debt. Self-financed through contributions by workers and their employers – augmented since 1983 by taxes on benefits – with its annual surpluses invested in U.S. Treasury Bonds, Social Security is walled off from the tumult of both the stock market and annual appropriations battles. While the rest of the government can – and does – accumulate debt, Social Security must, by law, live within its means.

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