Focuses on the issue of the privatization of social security through congressional legislation. Surveys revealing strong public support for privatization; Projected economic value of social security privatization, based on the estima...
What Social Security looks like after 2033 will be determined by Congress rather than opinion polls. In the past, lawmakers have opted to increase payroll tax rates and, much less frequently, to raise the age of eligibility for benefits, in order to ensure the program's solvency. The age o...
While millennials (the generation born in the years 1981 to 1996) will likely receivesomeSocial Security benefits, there is uncertainty about Social Security’s future, including whether Congress will cut it or increase the full retirement age. One thing is for sure: Millennials (and everyone else...
Congress has already banned TikTok on government devices, and there are two key pieces of federal legislation currently before Congress to address broader concerns about TikTok. However, a growing number of lawmakers isspeaking out against a ban, warning about the dangers of censorship and the need...
“There is a general expectation that Congress will cherry-pick preferred provisions rather than make a blanket extension,” says Carolyn Yun, a client advisor at Hollow Brook Wealth Management. One provision that might not get extended: the $10,000 cap on state and local property tax deducti...
SOCIAL SECURITY FUNDS BARRELING TOWARD INSOLVENCY WITHOUT A FIX Paul Spitalnic, chief actuary for the Centers for Medicare and Medicaid Services, added that the soonerCongress makes reformsto the two programs, the less dramatic those changes will need to be to put the programs on ...
It is clear that Americans are anxious for Congress and President Barack Obama to find some way to overhaul Social Security and other programs designed to help older Americans. A Gallup poll released just days after the 2012 presidential election found that nearly nine in 10 Americans thought it...
The union hall pledge represents the first concrete proposal from the vice president that she could actually accomplish on the first day of her presidency, without the help of Congress. Biden signed a record 17 executive orders on his first day in the White House...
With the 119th session of Congress in full swing, both chambers are preparing for big fights over the debt ceiling, another stopgap bill and confirming President-elect Donald Trump’s nominees. Aneeta Mathur-Ashton Jan. 7, 2025 Meet the Tech Bros Flocking to Trump ‘Ever...
Republican Party, our forecast for mortgage rates has been adjusted upward to reflect a combination of stronger economic growth, more fiscal spending, and higher prices/inflation (because of more tariffs and lower taxes) under a Trump administration and Republican Congress." – Realtor.com Economic ...