Reports by Paul N. Van de Water

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  • Immigration and Social Security
    Paul N. Van de Water
    November 20, 2008

    Increases in immigration tend to improve the financial status of the Social Security program by a modest amount.  Estimates by both the Congressional Budget Office (CBO) and the Social Security actuaries belie contentions that legalizing some undocumented immigrants, or increasing immigration in general, would impair the solvency of …
  • Medicare Changes Can Complement Health Reform
    Paul N. Van de Water
    July 31, 2008

    The U.S. health care system faces well known problems:  47 million people without health insurance, rapidly rising costs that consume 16 percent of the country’s economic output, and uneven quality of care.  At the same time, Medicare — the federal program that provides health coverage for older Americans and …
  • A Balanced Approach to Restoring Fiscal Responsibility
    Henry Aaron, Nancy Altman, Kenneth Apfel, James Blum, Peter Diamond, Robert Greenstein, Richard Kogan, Jack Lew, Marilyn Moon, Van Doorn Ooms, Uwe Reinhardt, Charles Schultz, Robert Solow, and Paul Van de Water
    July 9, 2008

    In a recent paper, “Taking Back Our Fiscal Future,” a group of policy analysts from several Washington think tanks proposed a radical change in budget procedures related to Social Security, Medicare, and Medicaid as a way to address budget deficits projected for future decades. They urged Congress to establish 30-year budgets, or caps, for these programs. The White House would conduct a review every five years. If it projected that expenditures would exceed the caps, the programs would face automatic cuts or related tax increases.

  • Trustees Reports Show Social Security Shortfall Manageable, Medicare's Problems More Daunting
    Paul N. Van de Water
    Revised April 2, 2008

    The annual reports of the Social Security and Medicare trustees project the financial status of these two programs for the next 75 years. The new reports confirm that policymakers will need to take action to keep Social Security and Medicare on a sound financial footing. In evaluating the new reports, the reader should keep several …
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