They don't do much by way of analysis of a proposal by Republican Presidential candidate Fred Thompson to cut drastically cut Social Security benefits. (A 20-year old would see a benefit reduction of close to 40 percent under Mr. Thompson's proposal.)
The article includes this gem: "economists have said that without changes, the Social Security system will no longer have enough money to pay benefits to all retirees starting in 2041." Presumably it means the Social Security trustees, most of whom are political appointees of President Bush and not economists, where it says "economists." The economists who work at the Congressional Budget Office project that the fund will be fully solvent until 2046, almost thirty years after the latest date that Thompson could possibly leave the White House.
If you enjoyed this article, please consider making a tax-deductible donation today. For over 30 years, The American Prospect has delivered independent reporting that exposes corporate power, investigates political corruption, and analyzes threats to our democracy. Unlike many media outlets, we’re not owned by billionaires or corporations—we’re powered by readers like you.
Today’s independent journalism faces unprecedented challenges. Your support makes our reporting possible and keeps our work free and accessible to all. Whether it’s $5 or $50, every contribution helps sustain our nonprofit newsroom.
Join our community of supporters and make a donation today to help keep independent journalism thriving.
Copyright 2025 | The American Prospect, Inc. | All Rights Reserved
