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The Deepening Social Security Funding CrisisSocial Security faces a potential funding crisis by 2033-2035, primarily due to the payroll tax cap's failure to keep pace ...
The request for this estimate was submitted by Maryland Democrat Rep. Steny Hoyer, but the proposal was constructed by Wendell Primus, an economist and long-term Congressional staffer, who spent ...
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social ...
After fours years of criticizing budget deficits under Joe Biden, Republicans now have a math problem of their own.
House Republicans are leaving their issues retreat in Florida with a lot of big questions still unanswered about their agenda ...
Social Security benefits may be reduced in the next decade due to a financing shortfall. A new survey asks Americans how they ...
The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...
The Social Security cost-of-living adjustment for 2025 is the lowest since the post-Covid inflation spike. Yet retirees still ...
With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to ...
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 ... as spending in areas like Social Security, Medicare and net interest costs is expected ...
President Joe Biden signed a bill on Sunday that will repeal two laws previously preventing many public employees from receiving Social Security benefits. The Social Security Fairness Act ...
The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5 per cent of the GDP in FY26, a finance ministry ...
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