Section 201 of the Social Security Act requires that the money in the trust funds be invested in interest-bearing debt securities issued and guaranteed by the federal government known as U.S.
The new Department of Government Efficiency now has access to a federal system responsible for $6 trillion in annual payments ...
Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen ...
While I read these reports with skepticism, they all have one thing in common: Unless Congress fails to act to bolster the Social Security Trust Fund, benefits will either be cut or payroll taxes ...
Social Security faces a looming financial crisis. According to the latest projections, the program’s “trust fund” will be ...
The financial future of the more than 70 million Americans who receive Social Security benefits is slightly more secure than anticipated: The trust fund reserves ... What can Congress do about ...
Shane Croucher is a Senior Editor based in London, UK. He oversees the My Turn team. He has previously overseen the Fact Check and News teams, and was a Senior Reporter before that. Shane joined ...
Mike Lawler began 2025 with a flourish, taking a victory lap with passage of the Social ... erode Security Security Trust Fund revenues, she said. "Instead of improving solvency, Congress worsened ...
The Social Security trust fund is set to become insolvent in seven years, resulting in a 20% to 25% automatic cut in benefits unless Congress acts ... where the federal government would borrow $1.5 ...
House Speaker Mike Johnson said Tuesday that cuts to Social Security and Medicare won't be part of the legislative package being worked out to fund President ... also pushed Congress to increase ...
The new Department of Government Efficiency now has access to a federal system responsible for $6 trillion in annual payments.
The Republicans now fully control Congress ... can affect Social Security and some Americans’ retirement planning. Try It: If You Rely On Social Security, Make These 4 Money Moves Now That ...