I Tried to Fix Social Security. It's Harder Than It Sounds.
Several options are on the table, but few are good ones.
Overview
You'd think with Social Security now just six years away from insolvency, that Washington would be hard at work trying to avoid a 22% benefit cut. It's true that several members of Congress have put forth proposals, but none have garnered much support so far. Partisan politics pose a significant challenge, but that's not the only reason we're nowhere near a solution.
It's also a genuinely tough problem to solve. I tried my hand at it using the Committee for a Responsible Budget's The Reformer tool, and it was a pretty big wake-up call.
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Details
Source
Originally published at www.fool.com.
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