Archive for the ‘Social Security’ Category
Saving Social Security by giving it up – MarketWatch (blog)
Saving Social Security by giving it upMarketWatch (blog)Most mainstream proposals to close Social Security's budget shortfall revolve around two ideas: Slowing the growth of benefits, and raising the payroll taxes that fund the program. Jim Roumell, founder of a Washington, D.C., asset management firm with …Fixing Social SecurityNational Catholic Reporter (blog) all 4 news articles »...
Progressives solidify opposition to changes on Social Security, Medicare – MSNBC
Progressives solidify opposition to changes on Social Security, MedicareMSNBCAnd Sander's is not alone in his opposition to the president's plan to use a “chained” consumer price index (CPI) to lower cost-of-living adjustments paid out by Social Security. “The homeless, the helpless and the hapless in our society, they're the …TROTTER: Social security claiming strategiesMississippi Business ...
A balance-sheet fix to Social Security – Washington Post
A balance-sheet fix to Social SecurityWashington PostIf just the top 1 percent of wealthiest households gave up their Social Security income, assuming two-thirds of these households are of retirement age and will receive benefits averaging $30,000 a year, more than $200 billion would be saved in the …...
Rep. Marcy Kaptur says Social Security trust fund is sound into future – PolitiFact
Rep. Marcy Kaptur says Social Security trust fund is sound into futurePolitiFactThere's a reason that Social Security is called the "third rail" of politics. When President Barack Obama issued a 2014 budget proposalthat would cut Social Security's spending growth by using a "chained CPI" to calculate inflation-related benefit … and more »...
Cutting Social Security and Not Taxing Wall Street – Huffington Post
Cutting Social Security and Not Taxing Wall StreetHuffington PostSince Social Security benefits account for more than 70 percent of the income of a typical retiree, this cut is more than a 2.0 percent reduction in income. By comparison, a wealthy couple earning $500,000 a year would see a hit to their after-tax … and more »...
The rich can save Social Security, by giving up their checks – Washington Post
The rich can save Social Security, by giving up their checksWashington PostIf just the top 1 percent of wealthiest households gave up their Social Security income, assuming two-thirds of these households are of retirement age and will receive benefits averaging $30,000 a year, more than $200 billion would be saved in the …...
Cutting Social Security and Not Taxing Wall Street – Huffington Post
Cutting Social Security and Not Taxing Wall StreetHuffington PostAs we move toward the fifth anniversary of the great financial crisis of 2008, people should be outraged that cutting Social Security is now on the national agenda, while taxing Wall Street is not. After all, if we take at face value the claims made … and ...
Viewpoint: ‘Chained’ CPI for Social Security Calculations Robs Retirees – TIME
The Market Oracle Viewpoint: 'Chained' CPI for Social Security Calculations Robs RetireesTIMEPerhaps the first reform to Social Security to insure its future soundness should be to make the payroll tax less regressive, and remove the income cap. Given that few or no people, however wealthy refuse to accept the Social Security benefits …Benefits Cuts and ...
Why Washington scandal-mania may save Medicare and Social Security – Washington Post (blog)
Why Washington scandal-mania may save Medicare and Social SecurityWashington Post (blog)The Monica Lewinsky scandal may have helped save Social Security in the late 1990s. Now the scandal fever currently gripping Washington — IRS, Benghazi, Associated Press phone records — may save Social Security and Medicare two decades later....
Viewpoint: ‘Chained’ CPI for Social Security Calculations Robs Retirees – TIME
Insight News Viewpoint: 'Chained' CPI for Social Security Calculations Robs RetireesTIMEFinancially speaking, we keep asking more of retirees. First, we ask folks who have saved for a lifetime to live on less while banks and indebted consumers use low interest rates to heal. Then we ask them to endure another whack at Social Security …Social ...
