Carney Op-Ed on Social Security gets something right

Carney Op-Ed on Social Security gets something right

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I shouldn't be so surprised, but I am. Carney got the main points right. Social Security isn't a budget problem, and the long term fix is pretty easy - raise or eliminate the wage cap.
Currently, only the first $113,700 in an individual’s annual wages are taxed to help fund Social Security. By raising or eliminating the payroll cap we can raise hundreds of billions for the Trust Fund and extend the life of the program for nearly 75 more years. To make sure this proposal is fair to people at all income levels, individuals whose wages exceed the current cap could also receive a corresponding increase in benefits.
Monday Open Thread [1.13.14]

Monday Open Thread [1.13.14]

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Some good news from the Supreme Court: Arizona's unconstitutional abortion ban is so blatantly and obviously unconstitutional that the Court will not even consider hearing the state government's appeal of a lower court's similar finding of unconstitutionality:
The Supreme Court without comment declined to review a lower court’s decision that struck down an Arizona law that banned most abortions after 20 weeks. The ruling on Monday means Arizona’s abortion law will remain off the books. Last May, a federal appeals court struck down the Arizona law as unconstitutional, citing an “unbroken stream” of Supreme Court decisions upholding abortion rights. The 9th Circuit Court of Appeals ruled at the time that the government had no right to ban abortion before a fetus is viable — currently measured at 24 weeks. About a dozen states around the country have passed laws similar to or more restrictive than the Arizona law.
All of those laws will now be struck down too. Thank you, you conservative theofascists, for wasting all of our time since 2011 in passing all of these new abortion laws. You now have nothing to show for your work.