Save Social Security, Medicare and Medicaid Without Affecting Benefits or Increasing Age

If we raise the FICA by 2 percentage points gradually over 20 years, or completely get rid of the earnings cap, the shortage of funds in the out-years is gone. Of course, raising the earnings cap, (Perhaps progressively-including an increase in returns-we would still come out ahead), would mean that a amaller FICA raise would suffice.
Currently, the annual income up to $113,700 per year is subject to the 6.2 percent payroll tax but that the tax is not applicable to anything above that.
To see an analysis of options developed by the CBO, go here: http://www.cbo.gov/publication/21547
Charts and survey are here: http://www.nasi.org/sites/default/files/research/What_Do_Americans_Want.pdf And: http://www.washingtonpost.com/blogs/wonkblog/wp/2012/11/16/how-to-sort-o...