Postmortem Austerity and Entitlement Reform
Reid Kress Weisbord, Stanford Law Review & The Stanford Law Review
Abstract
Social Security and Medicare have been slowly careening toward insolvency because the fiscal models for funding both programs have relied on increasingly outdated demographic and market assumptions. Since 1935, when Congress enacted the Social Security Act, government support for the elderly has become much more costly because Americans are now living longer in retirement. Likewise, […]