Beyond the Delivery Room: Why Trump Accounts Fail to Solve America’s Savings Crisis and Where Lawmakers Should Look Instead

By Daniel Bunn, President and CEO of the Tax Foundation Main Facts Passed in the wake of sweeping legislative battles during President Trump’s second term, the One Big Beautiful Bill Act (OBBBA) stands indisputably as the most consequential piece of economic policy of the current administration. Within its massive framework, which overhauled large swaths of…

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The Social Security Mirage: Why Uncapping Payroll Taxes Won’t Solve the Insolvency Crisis

As the Social Security trust funds inch toward a historic fiscal cliff, policymakers are scrambling to identify a path toward long-term solvency. In a recent op-ed for The New York Times, Senators Bernie Moreno (R-OH) and Elizabeth Warren (D-MA) proposed a high-profile solution: "saving" Social Security by lifting the cap on earnings subject to the…

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