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“Gini Index” From Census Confirms Rising Inequality Over Four Decades

September 19, 2013

As our statement on Tuesday’s Census Bureau report notes, a key measure of inequality known as the Gini index was tied for its highest level on record in 2012,...

The Economist Gets It Wrong on Disability Insurance

September 13, 2013

A recent article in the Economist took an uninformed — and unjustified — swipe at Disability Insurance (DI), the part of...

Disability Benefits Are Hard to Get — Even in Recessions

September 3, 2013

We’ve noted before that economic downturns generally spur more applications for Social Security disability benefits — but have a much smaller effect on awards.  (See graph.)  That usual pattern is based on...

Happy 78th Birthday, Social Security!

August 14, 2013

Social Security marks its 78th birthday today.  This highly successful program pays benefits to 57 million Americans.  It’s the single most important source of income for its elderly beneficiaries, contributing on average two-thirds of income...

Ways and Means Mum on Revenue Increases for Social Security in Bowles-Simpson, Domenici-Rivlin

August 7, 2013

The House Ways and Means Committee has invited members of the public to comment on the Bowles-Simpson and Domenici-Rivlin plans to restore solvency to Social Security.

But there’s a...

U.S. Seniors Are a Hard-Working Bunch

July 17, 2013

Financial pressures are leading many European Union (EU) countries to encourage older workers to remain in the labor force, the Social Security Administration (SSA) reports.  By way of comparison, U.S. seniors are more likely to be in the workforce than their peers in almost every other developed country....

Disability Insurance Provides Vital Benefits to Vulnerable Workers

July 15, 2013

A new Urban Institute report on the economic status and demographic characteristics of Disability Insurance (DI) beneficiaries echoes what we’ve said before in our report and testimony: ...

Latest Piece on Disability Insurance Doesn’t Tell the Full Story

June 28, 2013

A recent Associated Press story on Social Security’s Disability Insurance (DI) program raised some important issues but, like much of the recent spate of coverage of this...

How to Shore Up Social Security

June 21, 2013

We pointed out yesterday that Social Security faces a significant, but manageable, shortfall, as we explain in our just-released annual analysis of the Social Security trustees’ report.  Here’s how policymakers should plan to...

What You Need to Know About Social Security’s Solvency

June 20, 2013

Our annual analysis of the Social Security trustees’ report, which we published earlier this week, follows up on our earlier statement and distills what policymakers and citizens most need to know about the 200-plus page...