Most Social Security recipients feel as though cuts are inevitable at some point in their lives. At the current deficit, Social Security would need to cut benefits by about 23% beginning in 2034.
Social Security is one of America's most valued and important social programs, but unfortunately, it's facing a significant problem: The cost of the program is exceeding how much it's bringing in.
Independent forecasts point to Social Security's 2026 COLA making history -- but there's a catch. A sour note will likely be cast over this year's COLA announcement because of a rapidly rising expense ...
With 37 million members and a massive budget, AARP claims it's the voice in Washington for senior citizens, America's most reliable voting bloc. But last week, AARP created a firestorm by saying it ...
WASHINGTON - Once considered untouchable, Social Security is now in play in the debt-ceiling negotiations. And that could mean higher income taxes for many U.S. families in addition to shaved benefits ...
Analysts currently expect another considerable raise for Social Security benefits in 2026. The Senior Citizens League expects ...
President Obama is optimistic a 'big deal' to raise debt limit is still in play. July 15, 2011— -- President Obama said today he's open to "modest modifications" to federal entitlement programs ...