Browsing Tag
Social Security
420 posts
Social Security is a U.S. government program that provides financial support to retirees, people with disabilities, and surviving family members. It’s primarily funded by payroll taxes and provides monthly benefits to those who have contributed to the system.
Lawmakers Push New Social Security Bills to Avert Insolvency
The “Bipartisan Social Security Commission Act” and the “Strengthening Social Security Act” seek to address funding shortfalls
Social Security’s Funding Gap Falls to Policymakers
A new brief by the CRR at Boston College analyzes findings from the 2026 Social Security Trustees Report
Social Security’s Bisignano Reports ‘Record Low’ Wait Times, Yet Lawmakers Say Different
The commissioner reported improvements in service, however two lawmakers contended against those results
Senators Call for Urgent Action to Address Social Security Solvency
As a new awareness campaign launches saying “Social Security is on the Ballot,” four senior senators issue bipartisan statement saying Congress can’t delay any longer in dealing with the crisis
Experts Forecast Social Security COLA Jumps of 3.8% and 4.7%
Social Security COLA estimates leap as BLS data reports the highest level of inflation in three years
2026 Social Security Trustees Report Moves Insolvency to 2032
Report dropped this morning projects the retirement trust fund will be depleted in Q4 2032, triggering an automatic 22% reduction in benefits absent congressional action and intensifying calls for bipartisan reforms
Social Security Insolvency Could Trigger $500 Average Monthly Benefit Cut by 2032
New analysis from the Committee for a Responsible Federal Budget estimates trust fund exhaustion would slash monthly Social Security benefits by 24%
Social Security Administration Faces Turmoil After 8,000+ Staff Cuts and Reporting Changes
Center on Budget and Policy Priorities issued recommendations to improve agency, including hiring “significantly” more workers
Americans Want Affluent to Foot the Bill for Social Security Fix
Means testing garners strong support in Reagan National Economic Survey asking how program’s looming shortfall should be addressed
AARP Official Stresses Need for Social Security Reform
American workers and retirees voice concerns over retirement savings as many struggle with high day-to-day costs, AARP says in recent report