Trump's plans to eliminate Social Security taxes could affect revenues flowing into OASI and HI trust funds by $1.5 trillion ...
Though President-elect Donald Trump has often promised to protect Social Security, he has not explained exactly how he would ...
The House of Representatives will soon vote on the Social Security Fairness Act, legislation which would repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Off ...
Former President Donald Trump's campaign pledges would hasten the insolvency of the Social Security trust fund and lead to a 33% across-the-board cut to all benefits, according to a new analysis ...
While Americans have been paying into the system for years, the Social Security Administration is scheduled to run out of ...
Spanberger estimates that the two provisions reduce the Social Security benefits of 55,000 Virginians. Critics say the ...
The Committee for a Responsible Federal Budget says Trump's proposed tariffs, tax cuts and deportation could 'dramatically ...
Enter Andrew Biggs and Kristin Shapiro. In their new paper, “A Simple Plan to Address Social Security Insolvency,” they note that if the scheduled 21 percent cut is implemented on “an equal percentage ...
President Trump’s proposals to eliminate taxation of Social Security benefits, end taxes on tips and overtime, impose tariffs, and expand deportations would all widen Social Security’s cash deficits.
And Trump’s plan would cut Social Security benefits by 33% and drive Social Security to insolvency by 2031. The Trump proposals would benefit high-income individuals and drain $2.3 trillion from ...
The next U.S. president and Congress will need to tackle the financial challenges facing Social Security if we are going to ...
Social Security is already facing funding challenges. Trump’s plan to reduce taxes on Social Security payouts might hasten ...