News and perspective on public policy issues affecting Washington's economy and quality of life, brought to you by the Economic Opportunity Institute.
Sitka News reports Senator Mark Begich (D-Alaska) is prepared to introduce legislation to protect and preserve Social Security benefits for future generations, while shoring up the system’s long-term solvency. Senator Begich introduced his plan in response to President Obama’s proposal to switch to the Chained CPI, which would cut annual cost-of-living increases for seniors and veterans on Social […]
A recent AARP poll of Americans found 84% of voters over 50 years old – across party lines – oppose cutting Social Security in order to reduce the deficit. Just 16% were in favor or didn’t know. To put that in perspective: another poll from this April found 21% of Americans think a UFO crashed in […]
Ready for a fresh take on Social Security? Check out a new report that bypasses the binary “to cut benefits or not to cut benefits” debate. Instead, the authors of “Expanded Social Security” argue that the current levels of retirement insecurity in America make a good case for expanding Social Security and increasing benefits. There’s […]
A new report from AARP shows that the majority of boomers (age 45-64) in Washington state are worried about their future finances in retirement. In the report, over half of respondents reported anxiety when thinking about their future finances, with women (64%) reporting a significantly higher level of anxiety than men (48%). Many of the […]
