Treasury Department figures showed the federal debt passing the $16 trillion mark last week, triggering political charges and counter-charges while underscoring the need for elected officials in both parties to take steps to curb its growth.“What’s really important is how…
It’s getting to be that time again when the Social Security and Medicare Trustees release their annual report on the programs’ 75-year outlook. (more…)
In a report this month, the Congressional Budget Office (CBO) concludes that raising the ages of eligibility for Medicare and Social Security benefits would effectively decrease outlays, raise revenues, reduce long-term fiscal imbalances and have a positive economic effect. The…
Senate Democrats have released a revised plan to extend and expand a temporary cut in the Social Security payroll tax after competing proposals on the issue from the two parties both failed in the Senate last week. The Democrats want…
