Budget Battles
-
Pelosi Pushes Ahead on Drug Bill Despite Clashes With Trump
-
The $30 Trillion Question Haunting Elizabeth Warren’s Campaign
-
A Cheaper Way to Provide Universal Health Coverage?
-
Your Two-Minute Summary of Tuesday’s Democratic Medicare-for-All Debate
-
2020 Democratic Debate: What Voters Want to Hear About Health Care
-
Pelosi’s Prescription Drug Bill Would Save Medicare $345 Billion: CBO
-
Think ‘Medicare For All’ Is The Only Democratic Health Plan? Think Again
-
Number of the Day: $23 a Month
By Michael RaineyThe Social Security Administration on Thursday said the cost-of-living adjustment for 2020 would be 1.6%. That translates to a bump of about $23 on the average monthly benefit of $1,460. The 2020...
-
The Case for Giving Social Security to Children
By Michael RaineyUS social welfare programs reduced poverty by about two-thirds overall in 2018, according to an analysis of Census data by Matt Bruenig of the left-leaning People’s Policy Project. Bruenig offers a...
-
Elizabeth Warren Has a Plan to Expand Social Security
By Michael Rainey and Yuval RosenbergElizabeth Warren released a plan Thursday to expand Social Security and raise benefit payments. Warren’s plan would: Immediately increase benefit payments by $200 a month. If enacted, Warren’s plan...
-
More Progress in Tackling Poverty, but Meager Gains for the Middle Class
The poverty rate fell for the fourth straight year in 2018, dropping to 11.8%, the lowest level since 2001, the Census Bureau reported Tuesday. In all, some 38 million people were living in poverty...
-
Op-Ed of the Day: Fighting the Next Recession Now
By The Fiscal Times StaffJason Furman, the former chairman of the White House Council of Economic Advisers under President Obama, has some advice for Congress: Start preparing for the next recession now. In a Wall Street...
-
Americans Are Missing Out on Trillions in Social Security
By The Fiscal Times StaffAmericans will lose out on $3.4 trillion in benefits by claiming Social Security too early, according to a new report from United Income, an investment management and financial planning company...
-
Growth of US Debt Slows, but Record Levels Still Ahead
By Michael RaineyThe national debt will reach “unprecedented levels” over the next 30 years, according to the new long-term budget outlook released Tuesday by the Congressional Budget Office. Federal outlays will...
-
7 Ways to Fix America’s Fiscal Mess
Tackling the $22 trillion national debt can be done in very different ways. Underscoring that point, the Peter G. Peterson Foundation, a non-profit, non-partisan organization focused on increasing...
-
Social Security Error Jeopardizes Medicare Coverage For 250,000 Seniors
By Susan Jaffe, Kaiser Health NewsAt least a quarter of a million Medicare beneficiaries may receive bills for as many as five months of premiums they thought they already paid. But they shouldn’t toss the letter in the garbage. It’s...
-
What Do Maine and Florida Have in Common? Lots of Social Security Recipients
By Michael RaineyMore than 17% of Maine residents received Social Security retiree benefits in 2018, Bloomberg’s Marie Patino reports , the highest proportion in the country. Other states with a high percentage of...
-
Dem Economists Push Back Against Debt Worries
By Michael RaineyJust how worried should we be about the rapidly rising national debt? Last week we told you about a budget watchdog group’s effort to raise the alarm over “debt denialism” that has taken hold in some...
-
3 New Plans to Fix Social Security
By Michael RaineyAccording to the annual trustees’ report released Monday , the combined trust funds for Social Security, currently valued at $2.9 trillion, will be exhausted by 2035 (see the chart from CQ Roll Call...
-
Social Security's Costs Will Exceed Its Income Starting Next Year, Trustees Say
Without congressional action, Social Security’s costs will exceed its income starting in 2020 — and they’ll stay that way indefinitely, forcing the program to fall back on its nearly $3 trillion...
-
Sen. Mike Enzi: Senate Budget Is a First Step to Strengthen America’s Future
By Sen. Mike Enzi (R-WY)This week the Senate Budget Committee will consider a budget plan that will reduce deficits by half a trillion dollars over the next five years. The budget does not presume to solve all of our fiscal...
-
The US in Decline: What Americans Fear for the Future
A Pew Research Center report published Thursday shows how staggeringly pessimistic Americans are about where the country is heading. “When Americans peer 30 years into the future, they see a country...
Social Security Directory
- (-) Remove Feature filter Feature