Nebraska’s population is aging, and lawmakers want to know what to do about it.
A demographic shift over the next few decades could mean a surge of retirees relying on public services and sluggish growth in the number of workers who drive the economy and generate tax revenue, according to a report produced for a legislative committee.
Some lawmakers say the state isn’t doing enough to prepare for changes that could become a major drag on the state budget and economy. Those worries have prompted them to try to take a long-term view of how state officials should respond.
“We could find ourselves in a position of having to take some drastic action on taxes or drastic action on state government (spending),” said Sen. Paul Schumacher of Columbus, chairman of the Legislature’s Planning Committee.
Nebraska’s working-age and retirement-age populations are both projected to grow between 2020 and 2050, but the number of new retirees will be larger, according to a report by Jerry…
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