Financial Management White Papers
75-Year Pay-As-You-Go Proposal Could Adversely Affect Social Security, Medicare, SSI, Veterans' Disability, and Other Programs
Overview Action to address projected increases in the costs of Social Security and healthcare entitlements in coming decades will ultimately be necessary. However, the ideological and unbalanced nature of this proposal - with its exemption of all tax cuts from budget discipline, its indiscriminate favoring of tax-based approaches to national problems over programmatic approaches regardless of their relative efficiency and effectiveness, its severe constraints on the types of "offsets" that would be allowed, and its reliance on cost estimates that often may be unreliable - make the proposal both unsound and inequitable.
| Publisher | Center on Budget and Policy Priorities | File Format | PDF, requires Acrobat Rdr 5 |
|---|---|---|---|
| Date Published | June 2004 | ||
| Format | White Papers | ||
| Topics | |||
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