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These programs are the biggest part of the budget, and cuts to them feel personal, one expert says. Reducing them has been tough historically.
Larry Fink, head of the largest money manager in the world, suggested in an investor letter that the retirement age should be higher because of longer life expectancies. But is that realistic?
Most Americans would likely prioritize social insurance, according to one survey.
A shutdown is looming, though beneficiaries don’t have to worry. But they would if default was on the table.
The 2024 cost-of-living adjustment comes out to 3.2%, a pretty modest amount compared to past years.
China’s government is making employers pay more into its social welfare system, just as the economy is stalling.
As the rich get richer, their income is escaping taxation.
The trust fund supplementing income taxes could run dry within 10 years. Dennis Jansen of Texas A&M suggests reforms.
Supplemental Security Income payments and veterans ‘payments could be among the first checks to be delayed.
With 1 billion possible combinations, we still have decades before they’re used up.