PoliticsCommentary
Someone’s Going to Have to Pay a Lot for Your Social Security
In just nine years, the oldest Gen Xers will reach Social Security’s normal retirement age of 67. But they will have a rude awakening when… Read More
PoliticsCommentary
In just nine years, the oldest Gen Xers will reach Social Security’s normal retirement age of 67. But they will have a rude awakening when… Read More
PoliticsCommentary
The Social Security trustees released their annual report on Monday, and the outlook is bleak. Social Security has morphed far beyond its original intent, and… Read More
SocietyNews
Philadelphia Eagles star center Jason Kelce on Monday tearfully announced the end of his NFL football career with a tip of the cap to his… Read More
Watch the latest video at video.foxbusiness.com Even as many warn of an impending retirement crisis, the Obama Administration wants to impose limits on how much… Read More
While social commentators bemoan the impending retirement crisis facing baby boomers, younger Americans should really be the ones worrying, argues Heritage’s Romina Boccia on Next… Read More
Dave Camp (R–MI), chairman of the House Ways and Means Committee, has announced a series of hearings on bipartisan entitlement reform proposals, the first of… Read More
President Obama traveled to Illinois today to give the same tired, worn-out economic speech he’s been giving for almost five years now. Rather than offering… Read More
In a recent video by ReasonTV, Nick Gillespie describes Social Security as a “fiscal and demographic disaster.” Heritage research provides further support that the program… Read More
EconomyNews
Adopting the chained CPI (Consumer Price Index) in Social Security to more accurately account for changes in the cost of living is a small first… Read More
What’s wrong with the Gang of Eight’s immigration plan? Heritage President Jim DeMint said, “It’s unfair, it costs too much, and it’s going to make… Read More
UPDATE: The official total tax increase in President Obama’s budget is now available in the Treasury Department’s “Green Book.” Treasury scores the total net tax… Read More
Adding to the list of documented Obamacare failures (see here, here, here, and here) is the Early Retiree Reinsurance Program (ERRP). Obamacare created the ERRP… Read More
Too many healthy seniors retire early at a loss to their wealth and to society. Meanwhile, Social Security is in dire need of reform. Delaying… Read More
“I must go to college!” insists eight-year-old Pierre William. Such planning may seem unusual in a second grader. But Pierre is lucky. He’s attending a… Read More
Congressional lawmakers met last week to try to hammer out a deal to avert the fiscal cliff. Democrats insist on revenue increases as part of… Read More
Social Security paid out more to retirees and other beneficiaries than it collected in tax revenue in 2011. This is the second straight year the… Read More
The official, head-to-head debates begin next week, but Sunday’s “60 Minutes” appearances by President Barack Obama and Governor Mitt Romney (R-MA) provided a contrast in… Read More
President Obama’s and Governor Romney’s appearances on “60 Minutes” Sunday revealed an interesting contrast. The President punted on a serious question about the nation’s concern… Read More
The leak of a video featuring former Governor Mitt Romney (R-MA) has sparked debate about government dependency and the number of people in the United… Read More
When Chicago teachers began their strike on Monday, critics rightly pointed out that the city already pays one of the highest average teacher salaries in… Read More
Many aspects of Social Security date back to 1939 and reflect an America that is long gone. One of these pays Social Security benefits to… Read More
In the past 30 years, U.S. life expectancy has increased by an average of five years. Since 1935, when Social Security was first enacted, it… Read More
It’s a fact that runaway spending, not lack of revenue, is the cause of long-term federal deficits. Still, some continue to push for higher taxes… Read More
The United States faces a major physician shortage, and it will only get worse. Aging baby boomers will create a growing demand for medical services… Read More
While many aspects of the Obama budget are questionable and just plain wrong, they recognize the need for more Americans to be able to save… Read More