Thursday, January 14, 2016

Social Security

URL: http://www.slate.com/articles/double_x/doublex/2015/10/budget_deal_closed_social_security_loophole_known_as_file_and_suspend.html

As a result of changes to Social Security in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become empty. At the point where the reserves are used up, continuing taxes are expected to be enough to pay 76 percent of scheduled benefits. So, Congress will need to make changes to the scheduled benefits and revenue for programs in the future. The Social Security Board of Trustees project that changes is equal to an immediate reduction in benefits of about 13 percent, or an immediate increase in the combined payroll tax rate from 12.4 percent to 14.4 percent, would be enough to allow full payment of the benefits for the next 75 years.

There is no one clear solution to the problem of bigger cost for retirees because of fewer workers available to support the retirees, which in turn is caused by lower birth rates. This problem is not specific to Social Security but also affects Medicare as well as many other private and public retirement income. The lowering in birth rates has been far more dramatic in Japan and many European countries that are struggling with the effects of aging populations because of declines in birth rates even more severe than in the United States.A variety of possible changes to the provisions of the Social Security Act have been considered by policymakers and have been scored.

This has to deal with what we are learning in government right now because we just learned about Social Security and Medicare, and the big cost for both. 


Line chart linked to data in table format.

State of the Union Opposing Response

Thursday, January 7, 2016

Presidential Powers

URL: http://sites.middlebury.edu/presidentialpower/

With the 2016 presidential campaign already getting underway I think it's time to start thinking about how to use the next year and a half smart as a way to gain important information about candidates for the presidency. One important issue is national security power. For people concerned about checks and balances, candidate Obama gave all the right answers. He rejected the Bush administration’s view of war power, correctly observing that “The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.” There is no reason to believe that asking the current presidential candidates about their positions on national security, checks and balances, and the limits of presidential power.

I am reminded that it is important to be particular of promises candidates make. Holding Presidents and other elected officials accountable to the promises they make, is up to the public. Journalists can help by asking candidates questions that will reveal their views about the rules and limits of presidential power. If voters aren’t happy about the answers, or aren’t happy about the actions Presidents take once in office, it will be up to us as a community to act on their concerns.

This article has to deal with what were learning in class because we learned about the War Powers Resolution, and also the un-wrtitten and written powers of the president.