The age of eligibility for full Social Security benefits is currently 67, but the cash reserves behind it are expected to run out by 2034. Those arguing “yes” to raising the retirement age say people these days are living longer, and it will lead to more economic growth. Those arguing “no” say not everyone is able to work longer and it’ll make large benefit cuts. Now we debate: Should the Government Raise the Retirement Age? Arguing Yes: Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget    Arguing No: Teresa Ghilarducci, Irene and Bernard L Schwartz Professor of Economics and Policy Analysis at The New School  Emmy award-winning journalist John Donvan moderates  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, discusses the scale of US debt and deficit, the impact of COVID on spending, trends in healthcare, social security spending, taxes, and more.

Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, discusses the challenges and structures of the US government budget. Topics include government shutdowns, inflationary episodes, and reform strategies for Medicare and Social Security.