News release: “Social Security faces a significant shortfall, which policy makers would be better off addressing sooner rather than later, according to a new paper, Social Security Shortfall Warrants Action Soon, released by the Pew Economic Policy Group. Robert Greenstein, executive director of the Center on Budget and Policy Priorities, and Charles Blahous, public trustee for Social Security and Medicare and former economic adviser to President George W. Bush, coauthored Social Security Shortfall Warrants Action Soon. They agree that the shortfall is real and that policymakers should act soon to fix it. Although favoring different strategies to close the gap, they agree on the reality and scope of the problem.”
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