Andrew Biggs: Addressing Social Security's Looming Insolvency

KSL's Inside Sources

Andrew Biggs: Addressing Social Security's Looming Insolvency

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Published on Oct 2, 2024, 2:30:00 PM
Total time: 00:09:02

Episode Description

As Social Security's Old Age and Survivors Insurance trust fund approaches potential exhaustion in 2033, a critical debate emerges about how to address this looming crisis. Instead of across-the-board benefit reduction, an alternative approach proposes leveraging presidential discretion to protect the most vulnerable recipients. Andrew Biggs from American Enterprise Institute helps answer how we can balance legislative action and executive authority in addressing one of America's economic challenges.

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