Legal scholars and lawmakers are still trying to come to grips with the potential long-term consequences of the overturning of the Chevron deference, including what it means for state-level regulators.
The Supreme Court’s decision overturning the Chevron deference is a step towards rolling back the power of the administrative state, the origins of which go back more than a century.
The Social Security program is on track to burn through its savings account by 2035 unless Congress changes the law before then. Social Security faced a similar funding crisis in the early 1980s.
Social Security has been known as “the third rail of American politics” since the early 1980s, with the idea that touching the program can prove deadly to a politician’s career.