Newssos
A growing argument is gaining traction in policy circles: Social Security's long-term funding troubles require the same kind of bipartisan commission that former Federal Reserve Chairman Alan Greenspan led to rescue the program once before.
The case, laid out in a recent commentary, holds that Greenspan's most consequential achievement is the one least discussed — and that Washington needs to revisit that playbook urgently.
The Greenspan Commission's Overlooked Legacy Greenspan is remembered primarily for his decades at the helm of the Federal Reserve, but the argument advanced here centers on a different role: his leadership of a commission that produced a package of Social Security reforms that bought the program decades of solvency.
That work, the commentary contends, stands as his most important achievement and has been systematically undervalued in assessments of his career.
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