4min chapter

Macro Musings with David Beckworth cover image

Marc Goldwein on the US Government Budget: Structure, Challenges, and Reform Strategies

Macro Musings with David Beckworth

CHAPTER

The Political Economy of Medicare and Social Security Reform in the US

This chapter explores the challenges of reforming Medicare and Social Security, highlighting the potential conflict between older generations and younger, working individuals. It delves into the option of increasing taxes on the middle class, while emphasizing the importance of finding a balance and appealing to the greater good.

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