Social Security Reform: Current Issues and Legislation

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By Dawn Nuschler (au)
Year: 2012
Pages: 40
Binding Paperback
ISBN 978-1-4578-4169-9

Product Code: 145784169X

Description

Social Security reform is an issue of ongoing interest to policymakers. In 2011, Social Security program changes were discussed during negotiations on legislation to increase the federal debt limit and reduce federal budget deficits. The Budget Control Act of 2011, signed by President Obama on Aug. 2, 2011, established a Joint Select Comm. on Deficit Reduction. The Joint Comm. was tasked with recommending ways to reduce the deficit by at least $1.5 trillion over the FY period 2012 to 2021. Social Security program changes were among the measures considered by the Joint Comm., however, no agreement was reached on a legislative proposal by the Nov. 23, 2011, statutory deadline. Currently, Social Security program changes may be considered as part of a deficit reduction package under negotiation by policymakers. Contents of this report: Background; Social Security Program Financing; Basic Debate; Specific Areas of Contention; Initiatives for Change; Legislation Introduced in the 109th, 110th Congress, 111th Congress, and 112th Congress. Tables and figures. This is a print on demand report.

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