Our nation’s ability to project itself into the future is linked to its fertility rate, which is falling fast. This should not be surprising, because the federal government takes trillions of dollars every year from working-age, fertile people and gives the money to infertile seniors. Now Sens. Bernie Moreno (R-OH) and Elizabeth Warren (D-MA) want to make the problem worse by passing one of the largest tax hikes on working-age people ever: $3 trillion over 10 years to keep increasingly generous benefits flowing to the elderly.

It would be, at best, a temporary and partial solution. It would also make the underlying problem worse by transferring even more wealth away from those able to have children to those who cannot.