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Scott Lincicome discusses potential solutions to the U.S. budget challenges, highlighting a specific approach to Social Security.
He points out that tying benefit increases to the chained Consumer Price Index (CPI) could reduce Social Security’s long-term shortfall by about one-fifth, without raising taxes or cutting benefits.
Lincicome has previously commented on tax policy shifts, citing New York City’s move to introduce a second-home tax that will more than double property taxes for many luxury apartment owners. In energy markets, he noted that Europe is steering clear of long-term U.S. LNG contracts, stirring concern among developers. These recent observations reflect his broader coverage of policy changes affecting U.S. and international markets.