Facing The Future: State Budgets and Examining 'Replacement Rates' for Social Security

This week on Facing the Future, we take a deep dive into how state budgets are put together, where they get their revenue, and where the money goes. Turns out, states have some of the same long-term debt problems the federal government does. Then we hear from Concord Coalition Chief Economist Steve Robinson on his new issue brief looking at whether the level of working income Social Security replaces for older Americans needs reform.