Most Social Security experts, no matter their political persuasion, know that Social Security must be redesigned, Gleckman writes. With President Obama proposing to change the way government adjusts Social Security benefits, why not redesign it now?
Americans are starting to feel the pain from the sequester's $85 billion in federal spending cuts between March and September 30, Reich writes. They just don’t know it yet.
Higher payroll taxes will take $115 billion out of workers’ pockets this year and cut consumer spending, according to the Tax Policy Center.
The last big immigration amnesty in the United States took place in 1986. As the US considers immigration reform, the Monitor examines the costs and benefits of that decision -- and catches up with some of the almost 3 million people it affected.
Congress is considering comprehensive immigration reform, including amnesty, work visas, and guest worker programs. What this path to citizenship could mean for 11 million illegal immigrants can be seen in the 1986 amnesty of 3 million legalized in the last major immigration overhaul.