Social Security
  • <strong>I will spend less money once I'm retired.</strong><br/><br/>Many retirees find they end up spending more money in the first years after they leave their jobs, because they finally have the time to start raising orchids or take that trip to Europe.

    How Old Is Old?

    By Michael Rainey

    The average age of the U.S. population is rising as the baby boomers sail into their golden years, but a statistically older population may not be as problematic as some experts think. According to a...

  • Boats are seen anchored at the 17th century Nyhavn district, home to many shops and restaurants in Copenhagen

    Chart of the Day: High Tax, High Service

    By Michael Rainey

    Can the U.S. afford to dramatically increase public spending on a whole host of new programs, potentially including Medicare for All, expanded Social Security and a massive Green New Deal? That...

  • House Democrats Introduce Bill to Expand Social Security

    By Michael Rainey

    Backed by more than 200 House Democrats, Reps. John Larson (D-CT), Conor Lamb (D-PA) and Jahana Hayes (D-CT) introduced a bill Wednesday that would increase Social Security benefits. The bill would...

  • ‘Greatest Threat’ to the US? Two Top Democratic Economists Aren’t So Worried About the Debt

    By Michael Rainey

    Starbucks founder Howard Schultz told “60 Minutes” Sunday that he is considering a run for president in 2020, possibly as a “centrist independent,” and one of his top issues is the growing national...

  • District of Columbia

    CBO Offers 121 Ways to Shrink the Deficit

    By The Fiscal Times Staff

    The Congressional Budget Office has released a 326-page guide that describes dozens of ways the federal government could reduce its large and growing budget deficit. The 121 policy options included...

  • Moody’s Warns of Declining US Fiscal Strength

    By The Fiscal Times Staff

    Trump’s tax cuts combined with a slowing economy will diminish the United States’ “fiscal strength” over the next 10 years, Moody’s Investor Service said Wednesday. The gradual decline could pressure...

  • 3 Ideas for Fixing Social Security

    Social Security’s trustees reported earlier this year that the program will spend more than it collects in 2018 , requiring it to tap into its $2.9 trillion trust fund to cover benefit payments. It’s...

  • Transfer Payments Hit $3 Trillion Annual Pace

    By The Fiscal Times Staff

    Total government transfers reached $3 trillion on an annualized basis for the first time in September, according to data released by the Bureau of Economic Analysis Monday. Transfer payments include...

  • Democrats Take Aim at Republicans on Entitlement Cuts

    By Michael Rainey

    Democrats have a new sledgehammer of a study they can use in trying to link Republican tax cuts and proposed cuts to Medicare, Social Security and other social welfare programs. A report released...

  • Senate Majority Leader Mitch McConnell speaks as U.S. President Donald Trump listens during a Make America Great Again rally in Richmond

    McConnell: Entitlement Cuts Probably Won’t Happen Under Trump

    Senate Majority Leader Mitch McConnell (R-KY) unleashed a storm of Democratic criticism earlier this week by telling Bloomberg News that rising deficits and debt are driven by Social Security,...

Social Security Directory

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