Congress passed legislation Thursday ensuring that 44 million Social Security checks will go out on time - even if the White House and Republicans are unable to resolve their differences over extending the government's $4.9 trillion borrowing limit....
Making Sense of Social Security Reform The Social Security Act of 1935 must be counted among the most monumental pieces of legislation ever passed by Congress. Today, sixty-five years after its enactment, public support for Social Security remains extremely strong. At the sam... D Shaviro - 《...
Many people saw the WEP and GPO as unfairly penalizing people, and the Social Security Fairness Act was introduced to "right that wrong,” Bar-Or says. He notes that the bill passed with largely bipartisan support, and the issue is generally not seen as political. That doesn’t mea...
RIO DE JANEIRO, Feb. 5 (Xinhua) -- Brazilian President Michel Temer Monday urged Congress to approve the social security reform bill, which has run into controversy for its retirement policy. Temer highlighted the importance of the reform for the country at the opening of this year's Congress...
The Social Security Fairness Act overwhelmingly passed the House in early December and on December 18 cleared a key Senate procedural vote by 73 to 27. …half a century ago, Congress realized that Social Security benefit windfalls for public sector employees were costly, unnecessary and unmerited....
The Social Security tax limit increases to $168,600 in 2024, up from $160,200 in 2023, which could result in a higher tax bill for some taxpayers. The Social Security Administration increased the benefit amount by 8.7% for 2023 and 3.2% for 2024. ...
, and Sen. Susan Collins, R-Maine, sponsored the bill in the U.S. Senate, while Rep. Garret Graves, R-La., and former Rep. Abigail Spanberger, D-Va., led the charge in the House of Representatives. The legislation passed with strong bipartisan support in both chambers of Co...
I have several dozen articles relating to Social Security over the past three years. They all say the same thing. The Social Security system was dealt a hammer blow by the 08-09 recession. At this point there is no possibility that the SS program can be
of financial pain. But fixing the problem has never been a high priority on Capitol Hill. In 2015, Congress did approve a measure to reduce overpayments by giving Social Security more timely access to payroll data. But eight years later, the agency still hasn't ...
Sen. John Kennedy (R-La.) told POLITICO he suspects “there will be five or six amendments to the to the social security bill," and that the Senate will “go past midnight, but not much” while trying to finish its work before heading out of town. ...