Mark Miller: Remaking Retirement

Will the Big Social Security Fix Include Expansion?

Mark Miller

Five years ago, opinion among Washington lawmakers about Social Security reform generally ran along these lines:

"We’re all living longer, so we will need to boost the retirement age. We also should means-test Social Security to avoid paying benefits to rich people. The annual cost-of-living adjustment should be shifted to the 'chained CPI,' which is a more accurate measure of inflation and would reduce inflation increases somewhat."