The next crop of presidential candidates will need to address the looming insolvency of US entitlement programs, one of those potential contenders acknowledged Thursday.
Rahm Emanuel, a longtime Washington fixture considering a run for the nation’s highest office, said projections that a key Social Security trust fund will be exhausted in 2032 will thrust the future of those programs into the public debate and force candidates to come up with solutions.
“You’re not going to get through this election or the next term without laying out” some “very specific proposals,” Emanuel said in a roundtable interview with Bloomberg Government reporters ...