Press

Op-eds and Articles

Ritz for Forbes: “The Trillion-Dollar Question Missing From The Presidential Debate”

Congress voted this week for a $1.9 trillion tax and spending deal, over a quarter of which was added to our $23 trillion national debt. Thanks to this and other fiscally irresponsible legislation signed into law by President Donald Trump, the federal government will run an annual budget deficit of over $1 trillion this year and every year that comes after it. Yet…

Ritz for Forbes, “Projected Deficits Grew $872 Billion In Three Months. Here’s How To Rein Them In”

A new report from the Congressional Budget Office projects federal budget deficits between 2019 and 2029 to be $872 billion higher than was projected just three months ago. As a result, Donald Trump will be forced to campaign for re-election next year with his government running a trillion-dollar deficit. Democrats should hold the “king of debt” accountable…

Ritz for Forbes, “Donald Trump’s Budget For A Declining America”

After the president’s budget was released on Monday, House Budget Committee Chairman John Yarmuth (D-KY) called it “A Budget for a Declining America.” Unfortunately, that might be an understatement. The Trump administration's Fiscal Year 2020 budget proposal is a compilation of the worst ideas to come out of the Republican Party over the last decade. It would dismantle public investments that…

PPI in the News

PPI’s Ben Ritz Discusses Social Security Trustees Report on C-SPAN

PPI's Ben Ritz joined an expert panel on Capitol Hill last week to discuss the recently published report by Social Security's trustees. The annual report projected that the program's trust funds face insolvency within the next 16 years, after which point beneficiaries face the prospect of an across-the-board cut of 23 percent. All panelists encouraged…

Democrats Must Step Up on Entitlement Reform for Fiscal Cliff Deal

PPI President Will Marshall speaks to The Daily Beast regarding the compromises needed from the left to avoid the fiscal cliff: 'It appears President Obama is serious about slowing the growth of public health and retirement costs, which is the key to bending down the curve of federal spending,' says Will Marshall, president and founder…

Press Releases

Rotherham for The Hill, “Making Social Security’s retirement age work for workers”

A new report from the Social Security trustees warns that the program is in deep trouble. The retirement and social insurance program is already spending more on benefits than it raises in dedicated revenue, due in large part to a decline in birth rates and a decreasing ratio of workers to retirees. By 2034, beneficiaries…

Social Security & Medicare Trustees Reports: A Reality Check for Expansion Advocates & Tax Cutters Alike

WASHINGTON — Ben Ritz, director of the Center for Funding America’s Future at the Progressive Policy Institute (PPI), today released the following statement after the annual Social Security and Medicare Trustees reports were released: "The annual reports from the Social Security and Medicare trustees should serve as a reality check for politicians who support costly…