Social Security: Changes on the Horizon

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While social security privatization, which was to be the centerpiece of President Bush’s second-term domestic policy agenda, has evaporated for now, less momentous changes have been under way. Changes are being implemented in disability determination and appeals. People with certain disabilities may receive expedited determinations of eligibility. And the long-term solvency of the Social Security Trust Fund remains in question as proposals abound to solve the problem by tinkering with benefit levels or calculation formulas rather than implementing straightforward fixes such as removing the cap on wages subject to the payroll tax.

By Linda Landry and Gerald A. McIntyre From September-October 2007 Clearinghouse Review