Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen ...
Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
Social Security is facing a potential financial crisis that could impact millions of Americans who rely on these benefits for ...
Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The Social Security Administration says it may run out of money. Options to avoid this include reducing benefits paid to ...
The Social Security Fairness Act will increase payments for public sector workers by removing rules that reduce payments. The ...
This week, the Congressional Budget Office ... a baseline for its projections for the federal budget, especially the effects on Social Security and Medicare. Since those programs are mostly ...
The Congressional Budget Office says that the amount of ... Swagel said debt levels will rise as increases in spending on Social Security, Medicare and interest payments outpace growth in revenues.
The nonpartisan Congressional Budget Office ... Committee for a Responsible Federal Budget (CRFB) found would result in a 21% cut to Social Security benefits. "A fiscally weak country cannot ...
A new forecast from the Congressional Budget Office ... will go toward benefits paid by Social Security, Medicare, and Medicaid. The rest of the budget is essentially flat, or nearly so.