House Budget Cmte. Holds Hearing on Social Security Trustees Report
Ranking Committee Member Brendan Boyle (D-PA) Republicans and Democrats clearly had different takeaways from the recent Social Security Trustees
Social Security Trust Fund Projected to Endure for an Additional Year, Trustees Say
Social Security’s trust fund received a one-year reprieve in the 2022 Social Security Trustees report, released late Thursday afternoon. The Trustees project that the combined disability and retirement trust fund will become depleted in 2035 – one year later than predicted last time – if Congress doesn’t take preventative action. When the trust fund becomes insolvent, the Trustees say, Social Security will only be able to pay 80% of scheduled benefits.
Social Security Trustees Project Trust Fund Depletion in 2035
The takeaway from the latest Social Security Trustees report is this: Congress must strengthen the program’s finances without delay. The Trustees project that the combined Social Security retirement and disability trust fund will become depleted by 2035.
Social Security Expansion Roadshow Hits Vegas
Rep. John Larson (D-CT) at Social Security expansion town hall in Las Vegas After holding three public hearings on
Want Real Fiscal Stimulus? Strengthen Social Security and Roll Back Trump/GOP Tax Scam
The political right has predictably pounced on the recently-released Social Security Trustees report to call for “entitlement reform” – code for
Misleading Media Headlines on Social Security & Medicare Finances
Reading the headlines from earlier this week, one would think that Social Security and Medicare were on
No Cause for Alarm from Social Security Trustees Report
The 2018 Social Security Trustees Report confirms that the program’s trust fund is still very much intact, with $2.89 trillion in assets