Via Washington Policy Watch: This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Social Security is more important now than ever. Half of the workforce has no retirement plan other than Social Security. Traditional pensions have all but disappeared in the …

Continue reading Social Security: Making a Good System Better (4/4)

Via Washington Policy Watch: This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Much ado is made over the projection that in addition to the payroll tax, Social Security will begin spending Trust Fund interest later this decade, drawing on the …

Continue reading Social Security will be there for today’s young workers (3/4)

Via Washington Policy Watch: This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Working Americans and their employers each pay a payroll tax of 6.2% on the first $106,800 of earnings into Social Security. That dedicated revenue, along with interest from …

Continue reading Social Security’s finances are strong – and have prevented deeper deficits (2/4)