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Federal Budget Policy (Spring 2015)

Class Twelve -- March 6, 2015

With today's class, we will turn our attention to entitlement reform and related topics. We will begin our discussion with two Supreme Court cases involving Social Security. The first upholding the program's constitutionality and the second dealing with Congress's authority to make benefit changes. We will then discuss Chapter 13 of Fiscal Challenges, in which John Harrison explores New Property, Entrenchment and the Fiscal Constitution. Finally, please review the background materials on CFRB's Social Security "Reformer" website and then devise your own solution to problems facing Social Security: http://crfb.org/socialsecurityreformer/.