Challenges Facing Social Security

The discussion at the Aspen Economic Forum focuses on the challenges facing Social Security, including its growing deficit and the potential for a 23% benefit cut by 2033. Experts Mark Duggan and Glenn Hubbard explore solutions such as increasing revenue and cutting costs, drawing parallels to the Greenspan Commission's past reforms. They emphasize the need for bipartisan cooperation and public communication to address demographic changes and economic implications. The conversation highlights the urgency of finding solutions to ensure the program's sustainability.

What role do Mark Duggan and Glenn Hubbard believe communication with the public plays in Social Security reform?

What demographic changes have impacted the Social Security program since the last major reform?

What are the implications of a 23% cut in Social Security benefits for different demographic groups?