Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen ...

Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...

From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...

Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new ...

Social Security is facing a potential financial crisis that could impact millions of Americans who rely on these benefits for ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

This week, the Congressional Budget Office ... a baseline for its projections for the federal budget, especially the effects on Social Security and Medicare. Since those programs are mostly ...

The Congressional Budget Office says that the amount of ... Swagel said debt levels will rise as increases in spending on Social Security, Medicare and interest payments outpace growth in revenues.

The nonpartisan Congressional Budget Office ... Committee for a Responsible Federal Budget (CRFB) found would result in a 21% cut to Social Security benefits. "A fiscally weak country cannot ...

Over the next decade, mandatory spending on Social Security and Medicare ... releases/ced-issues-statement-on-january-2025-congressional-budget-office-outlook-302356604.html SOURCE Committee ...

The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...

A new forecast from the Congressional Budget Office ... will go toward benefits paid by Social Security, Medicare, and Medicaid. The rest of the budget is essentially flat, or nearly so.