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President Donald Trump’s sweeping “One Big Beautiful Bill” is on its way to his desk after a narrow 218-214 vote in the House ...
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Soy Aire on MSNThe future of Social Security: Beneficiaries could face possible cutsThe Social Security program, a financial lifeline for millions, faces an uncertain future. With demographic shifts and ...
Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.
From the outset, Senate Republicans faced a daunting task when they received the budget bill narrowly passed by the House.
What You Need To Know The go-broke dates for Medicare and Social Security's trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have ...
Tech entrepreneur and former White House aide Elon Musk called the bill "political suicide" for Republicans, criticizing a ...
Senate debates Trump's $3.8T tax-cut bill with border funding and Medicaid cuts while Democrats force full reading.
One of the changes to Social Security this year that will have a "substantial" impact on the program is the Social Security Fairness Act, which went into effect on January 5, the report said.
Social Security is now expected to be insolvent in 2033, necessitating a 23% cut in benefits. The Medicare hospital fund will run out the same year, requiring an 11% spending cut.
And she said it’s largely a self-inflicted wound by Congress for passing the Social Security Fairness Act, which she called a “fiscally irresponsible benefit increase” for public sector workers.
As Social Security nears its 90th anniversary, Sen. Chuck Grassley (R-IA) is urging Americans to recognize the program for what it is — not a scam, but a longstanding social contract that has ...
OASI, meanwhile, paid out $1.316 trillion in Social Security benefits to 60 million Americans, running a $103 billion deficit and decreasing its reserves to about $2.5 trillion.
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