Earlier on this page, our regular Social Security columnist Larry Kotlikoff argued in favor of "generational accounting" and the recently introduced Intergenerational Financial Obligations Reform Act (INFORM Act), which he helped draft and which has garnered the support of…

Aug 04

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Detroit Today, Washington Tomorrow

By Larry Kotlikoff The official debt total is well below the true "fiscal gap," argues Larry Kotlikoff, who has helped draft the INFORM Act. Photo courtesy of Chip Somodevilla/Getty Images. Paul Solman: Larry Kotlikoff is a dear friend of both…