Testimony General Revenue Financing of Social Security
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Testimony before the Senate Finance Committee
C. Eugene Steuerle
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It is ironic that the legacy that baby boomers would now bequeath is one in which almost the sole purpose of the federal government would be to care for their own consumption needs in retirement. I do not believe this legacy is intended. Yet it would come about under current law, under the President's proposals, and under many of the Republican and Democratic budget alternatives now being considered in Congress.
Research Areas Economic mobility and inequality Aging and retirement
Tags Social Security Pensions