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An Actuarial Autopilot Is Necessary If Congress Won't Bite the Bullet to Control Social Security and Medicare Costs
Governing Link to more items from this source
[Opinion]
Oct. 18, 2010
Excerpt: The president's fiscal commission would be foolhardy to accept the rose-colored projections in the latest trustees report without offering a Plan B that would kick into effect if reality turns less rosy. My suggestion is that in years when the actuarial assumptions are not met, there should be automatic adjustments on the benefits side so that we don't keep digging a deeper hole.

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