The Treasury Department’s final report for Fiscal Year 2018, showing a 17 percent ($113 billion) jump in the deficit, has drawn new attention to the nation’s worsening fiscal position and injected the issue into the midterm congressional campaigns. The sobering…
When politicians start talking about spending cuts, they can be quick to focus on a group of federal programs -- often described loosely as “welfare” -- that provides benefits to individuals and families based on need. These and some other…
The 2018 Social Security and Medicare Trustees’ Reports are expected to be released within the next few weeks. In anticipation of this, two former public trustees have issued a preview that includes a list of items to watch for. Charles…
Social Security is the largest program in the federal budget, accounting for almost 24 cents out of every dollar spent by the government in 2016. The program consists of two main components: Old Age and Survivors Insurance, which provides benefits…