Social Security
42 pieces tagged “Social Security”, newest first.
Social Security Is Still a Looming Disaster
Everything is on the radar right now except the one thing that everyone in Washington should be talking about.
A Quarter of Millennials Banking on Social Security for Retirement
A recent Gallup poll indicates that trust among the young in this massive federal program is at an all-time high.
Social Security Reform: Not on My Watch, Says Trump
He's always promised to avoid touching the third rail, but it needs reform. Will Congress act anyway?
Your Life Expectancy and Your Social Security
According to a recent report by the Centers for Disease Control and Prevention, life expectancy in the United States is the longest ever, approaching 79 years. This was highlighted in the recent Time cover story, "This Baby Could Live to Be 142 Years Old." With very few exceptions — such as the flu pandemic of 1918, which caused the life expectancy to temporarily plummet by a dozen years — our life expectancy has continued with a positive trend line throughout our nation's history.
Addressing the Social Security Disability Insurance Dis-Trust Fund
Have you ever wondered why your television screen is often filled with advertisements from law firms touting their ability to land money for the disabled? It's because helping people obtain federal Social Security disability benefits has become a lucrative industry in the past decade. But it would be a mistake to only blame the legal profession. After all, lawyers are only taking advantage of a program that frequently encourages people with dubious disability claims to seek benefits, especially when the economy is down. According to the Social Security trustees report released at the end of July, the disability insurance trust fund will run out of money by the end of 2016. Without reforms, millions of Americans will receive an automatic 19 percent reduction in their Social Security Disability Insurance benefits.
Earth to Paul Krugman and The New York Times: Debt Is Not Good
First the good news. The federal government's tax receipts are coming in at a rate somewhat higher than what was expected a few months ago. That means a shut-down-the-government debt limit stalemate will be pushed back until November or December. It also means that the federal debt will actually decline a bit this year. Now for the bad news. We are experiencing the calm before the storm. The Congressional Budget Office reported Tuesday that although our fiscal situation is improving, by 2018 we will snap back to swelling deficits and unsustainable debt.
