HeyJaredMark J. Warshawsky
- Indexed articles, last 90 days
- 4
- Latest publication
- Sep 25, 2026
- Outlet visibility, for aei.org
- Top 500K sites
- Earliest in this view
- Jul 15, 2026
Latest articles
The Latest Projections from the Congressional Budget Office on Social Security Finances and Distribution of Benefits and Taxes (opens the original)
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The Congressional Budget Office (CBO) recently released its updated projections of Social Security’s long-range finances, which I will summarize here. In certain respects, CBO’s view is a bit more pessimistic than the Trustees’, but the gap between the two projections is smaller than in past years, owing to the Trustees’ lowered fertility rate assumption this year. The CBO also issued statistics on the distribution across earnings groups and birth cohorts of projected benefits and taxes, which I
The Politics of Social Security Reform Now (opens the original)
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At a recent hearing of the Senate Finance Committee on “Exploring Process Approaches for Addressing Social Security Solvency,” Ranking Member Senator Wyden said the following in his opening statement: Democrats on this committee have put forward their ideas. Through our plans, Social Security can be secured indefinitely into the future without a single dime cut to a current or future retiree. […] That means no raising the retirement age, no cost-of-living haircuts, and no means-testing benefits.
The PROMISE Act of 2026: A Critical Evaluation (opens the original)
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A bipartisan group of mostly retiring senators recently introduced a bill “to establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund,” that is, Social Security. The bill, called the “PROMISE Act of 2026,” sets a compressed schedule under which the Social Security Advisory Board (“SSAB”), a small federal agency, must hold public hearings and draft reform legislation by mid-September, th
What Happens When the Social Security Trust Fund Is Exhausted: Alternative Contingency Policies (opens the original)
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When the Social Security Retirement Trust Fund is exhausted in 2032, old-age and survivor benefits in total must be cut by 24%, according to current projections. If implemented as an across-the-board cut, it would hit the poor particularly hard. But there are other, fairer ways of allocating the cuts, including limiting benefits to a certain dollar amount. As the empirical analysis here shows, however, that policy would harm those with relatively high benefits but low or modest net worths, some
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