At the national Social Security disability conference.
I think one of Greenspan’s former debt-reduction commission aids just spoke. I thought about asking her if she though Greenspan was a narcissist or just delusional, but I decided not to.
The consenus seems to be that nothing major is going to happen to Social Security generally because the public actually likes the program, so it’s expected that when push comes to shove in a few years, Congress is going to bite the bullet, issue debt and fund SSA.
Still some talk about increasing the retirment age and removing the income cap on FICA taxes.
Also, someone made the point that if the government put a transaction tax on stock trading like the U.K., Social Secuirty benefits could actually be increased.
I also learned that you can now get the same insurance Congress gets if you have a pre-existing condition and you are denied health insurance. Although it’s apparently a high-deductible plan. It’s apparently based on age alone when it comes to the premium.