Category: Social Security (US)

Fixing Social Security and Medicare: Where the Parties Stand

The New York Times – Business:
Republicans and Democrats have sharply divergent approaches to repairing the programs. Any solutions will affect younger workers as much as retirees.
As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast

The New York Times – Business:
New budget projections are expected to show that the program’s spending is outpacing tax revenues as an aging population claims benefits.
Biden Set to Hammer House Republicans on the Economy

The New York Times – Business:
The president has found a welcome foil in a new conservative House majority and its tax and spending plans, sharpening a potential re-election message.
Speaker Drama Raises New Fears on Debt Limit

The New York Times – Business:
An emboldened conservative flank and concessions made to win votes could lead to a protracted standoff on critical fiscal issues, risking economic pain.
Latinas Have Struggled to Build Savings, but a Younger Cohort Is Making Gains

The New York Times – Business:
As one of the longest-living yet lowest-earning groups in America, Hispanic women have challenges ensuring that their later years are secure. But things are changing.
Biden Spins His Economic Record Ahead of Elections

The New York Times – Business:
The president’s recent comments on Social Security, the deficit and economic growth claim credit where it is not always due.
White House Deletes Tweet Crediting Biden With Social Security Increase

The New York Times – Business:
The automatic cost of living increase that Social Security beneficiaries are receiving is a result of soaring inflation, not a policy achievement enacted by President Biden.
Debt Limit Showdown Looms as White House Braces for a Divided Washington

The New York Times – Business:
G.O.P. threats to leverage the full faith and credit of the United States to force spending cuts have raised alarm about a debt showdown next year — and talks about how to head one off in the coming weeks.
Republicans Float Changes to Social Security and Medicare

The New York Times – Business:
Democrats have seized on Republican proposals to limit retirement benefits to galvanize voters ahead of the midterm elections.
Working While on Social Security: What to Know

The New York Times – Business:
Collecting the retiree benefit while earning income gets complicated. Here are some key things to remember.
Your Paycheck Next Year Will Be Affected by Inflation. Here’s How.

The New York Times – Business:
If you get a raise, you may not end up in a higher tax bracket. But more of your income may be subject to Social Security taxes. And you’ll probably pay more for health care.
An Uptick in Elder Poverty: A Blip, or a Sign of Things to Come?

The New York Times – Business:
Seniors didn’t fare as well through the pandemic as most. But longer-term trends aren’t moving in their favor either.