10/17/2026
"Allocating trillions of dollars in subsidies to financially comfortable (and even highly wealthy) seniors would be a questionable allocation of tax dollars even within a balanced federal budget. Doing so in an era of unsustainable budget deficits is an unaffordable luxury that threatens to drive up middle-class taxes and force cuts to other progressive spending priorities," writes Jessica Riedl.
Social Security and Medicare finances are headed for a reckoning.