Why Obama Wants Cuts In Social Security BenefitsEric Zuesse
WASHINGTON (States Newsroom) — Social Security will no longer be able to pay full benefits in 2033, a year earlier than previously expected, according to a report released Friday. The updated projections, in the annual trusteereport, mean that without action to stabilize the Old-Age and Surviv...
The Deepest Cuts.The article discusses the possible impact of cuts to social security benefits in the U.S. on retirement plans. It notes that social security's trustees predict that the program's trust fund will deplete in 2033 and, as a result, only 75% of projected benefits will be ...
" Johnson replied when asked if he was open to cutting the programs as part of the spending plans being worked out between House and Senate Republican leaders. "We have to look at all spending while maintaining… The Republican Party will not cut benefits."...
Trump hasproposedeliminating any income taxes on Social Security benefits. Since some of those taxes go to the Social Security trust fund,some experts sayTrump’s proposal would speed up the impendingfunding challengesfor the program.
“In the short term the government can make up the difference in the lost payroll taxes,” Biggs said. “Social Security benefits will continue to be paid. The real question is: are we undermining the financing of a program whose finances are already precarious?” ...
摘要: Letter to Sen. Portman: 'Entitlement Reform' Means Cuts to Social Security, Medicare Benefits 收藏 引用 批量引用 报错 分享 全部来源 求助全文 cepr.net 相似文献Pneumonia: still the old man's friend? We measured 1-year mortality determined from the Medicare Beneficiary Entitlement file and ...
Social SecurityThis fact sheet explains how the children and grandchildren of today's retirees would bear the brunt of the benefit cuts currently being proposed by some policymakers and commentators. It outlines how raising the retirement age means lowering benefits at any age they are claimed, ...
To be sure, Trump's pledge to cut income taxes on Social Security benefits could appeal to the roughly 40% of recipients who pay federal income taxes on their checks. But the CRFB concludes that Trump's plan would ultimately undermine the financial health of the retirement program at a time...
In keeping with his campaign promise, Mr. Trumpwould leave core Social Security benefitsand Medicare untouched. He would also invest $25 billion in a paid family leave program over the course of a 10-year budget. "A truly groundbreaking thing for this president to do and to prove to folks...