Social Security
  • 7 Ways to Fix America’s Fiscal Mess

    Tackling the $22 trillion national debt can be done in very different ways. Underscoring that point, the Peter G. Peterson Foundation, a non-profit, non-partisan organization focused on increasing...

  • Social Security Error Jeopardizes Medicare Coverage For 250,000 Seniors

    By Susan Jaffe, Kaiser Health News

    At least a quarter of a million Medicare beneficiaries may receive bills for as many as five months of premiums they thought they already paid. But they shouldn’t toss the letter in the garbage. It’s...

  • A retired couple take in the ocean during a visit to the beach in La Jolla, California

    What Do Maine and Florida Have in Common? Lots of Social Security Recipients

    By Michael Rainey

    More than 17% of Maine residents received Social Security retiree benefits in 2018, Bloomberg’s Marie Patino reports , the highest proportion in the country. Other states with a high percentage of...

  • Dem Economists Push Back Against Debt Worries

    By Michael Rainey

    Just how worried should we be about the rapidly rising national debt? Last week we told you about a budget watchdog group’s effort to raise the alarm over “debt denialism” that has taken hold in some...

  • 3 New Plans to Fix Social Security

    By Michael Rainey

    According to the annual trustees’ report released Monday , the combined trust funds for Social Security, currently valued at $2.9 trillion, will be exhausted by 2035 (see the chart from CQ Roll Call...

  • <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...

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