Social Security
  • 7 Ways to Fix America’s Fiscal Mess

    Tackling the $22 trillion national debt can be done in very different ways. Underscoring that point, the Peter G. Peterson Foundation, a non-profit, non-partisan organization focused on increasing...

  • Social Security Error Jeopardizes Medicare Coverage For 250,000 Seniors

    By Susan Jaffe, Kaiser Health News

    At least a quarter of a million Medicare beneficiaries may receive bills for as many as five months of premiums they thought they already paid. But they shouldn’t toss the letter in the garbage. It’s...

  • A retired couple take in the ocean during a visit to the beach in La Jolla, California

    What Do Maine and Florida Have in Common? Lots of Social Security Recipients

    By Michael Rainey

    More than 17% of Maine residents received Social Security retiree benefits in 2018, Bloomberg’s Marie Patino reports , the highest proportion in the country. Other states with a high percentage of...

  • Dem Economists Push Back Against Debt Worries

    By Michael Rainey

    Just how worried should we be about the rapidly rising national debt? Last week we told you about a budget watchdog group’s effort to raise the alarm over “debt denialism” that has taken hold in some...

  • 3 New Plans to Fix Social Security

    By Michael Rainey

    According to the annual trustees’ report released Monday , the combined trust funds for Social Security, currently valued at $2.9 trillion, will be exhausted by 2035 (see the chart from CQ Roll Call...

  • Moody’s Warns of Declining US Fiscal Strength

    By The Fiscal Times Staff

    Trump’s tax cuts combined with a slowing economy will diminish the United States’ “fiscal strength” over the next 10 years, Moody’s Investor Service said Wednesday. The gradual decline could pressure...

  • 3 Ideas for Fixing Social Security

    Social Security’s trustees reported earlier this year that the program will spend more than it collects in 2018 , requiring it to tap into its $2.9 trillion trust fund to cover benefit payments. It’s...

  • Transfer Payments Hit $3 Trillion Annual Pace

    By The Fiscal Times Staff

    Total government transfers reached $3 trillion on an annualized basis for the first time in September, according to data released by the Bureau of Economic Analysis Monday. Transfer payments include...

  • Democrats Take Aim at Republicans on Entitlement Cuts

    By Michael Rainey

    Democrats have a new sledgehammer of a study they can use in trying to link Republican tax cuts and proposed cuts to Medicare, Social Security and other social welfare programs. A report released...

  • Senate Majority Leader Mitch McConnell speaks as U.S. President Donald Trump listens during a Make America Great Again rally in Richmond

    McConnell: Entitlement Cuts Probably Won’t Happen Under Trump

    Senate Majority Leader Mitch McConnell (R-KY) unleashed a storm of Democratic criticism earlier this week by telling Bloomberg News that rising deficits and debt are driven by Social Security,...

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