Social Security
Latest
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What Would the Trump Campaign Plans Mean for Social Security?
The Trump campaign plans would increase Social Security's ten-year cash shortfall by $2.3 trillion, make the program insolvent by 2031, increase...
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Repealing the WEP/GPO Provision Leads to Larger Deficits and Earlier Insolvency
Members of Congress recently filed a discharge petition on a bill to repeal Social Security’s Windfall Elimination Provision (WEP) and Government...
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$16,500 Cut Awaits Retirees if Social Security Isn't Reformed
Former President Donald Trump and Vice President Kamala Harris have both said they would “protect” the Social Security program. However, neither has...
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Donald Trump's Suggestion to End Taxation of Social Security Benefits
Earlier today, former President Donald Trump suggested eliminating the partial income taxation of Social Security benefits, which currently helps fund...
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Event Recap: The Trustees' Reports on the Social Security and Medicare Trust Funds
On May 7, the Committee for a Responsible Federal Budget hosted a virtual event to discuss the status of the Medicare and Social Security Trust Funds...
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Analysis of the 2024 Social Security Trustees’ Report
The Social Security and Medicare Trustees released their annual reports today on the financial status of the Social Security and Medicare programs...
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Maya MacGuineas on Fox News' "Special Report"
Committee for a Responsible Federal Budget President Maya MacGuineas recently joined Fox News' "Special Report" with Bret Baier to discuss the annual...
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Social Security and Medicare Trustees Confirm Trust Funds Need Saving
The Trustees for Social Security and Medicare released their annual report on the status of the trust funds today. The Trustees project the Medicare...
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Social Security and Medicare Trustees Release 2024 Reports
The Social Security and Medicare Trustees just released their annual reports on the financial status of the Social Security and Medicare programs. The...
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Trust Fund Solvency Could Stabilize the Debt
Restoring solvency to the major trust funds could stabilize debt as a share of the economy, albeit at a very high level. We estimate that when dynamic...
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Fiscal Commission Act: Just the FAQs
The House Budget Committee recently reported the Fiscal Commission Act (FCA), sponsored by Reps. Bill Huizenga (R-MI) and Scott Peters (D-CA) on a...
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Maya MacGuineas: Social Security is in trouble. Most candidates won’t admit it.
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...