Author: Dennis W. Jansen, Professor of Economics and Director of the Private Enterprise Research Center, Texas A&M University

Social Security is one of the federal government’s biggest programs. Roughly 67 million Americans, most of whom are 65 or older, received Social Security benefits in 2023. An estimated 183 million workers paid the Social Security payroll taxes that provided the bulk of the nearly US$1.4 trillion in benefits that year, which consumed 21% of […]