Being single in the U.S. comes at a cost

Dec 22, 2021
Author Anne Helen Petersen compares being single in the United States to living in a hostile climate like the Arctic.
"Nearly 40% of the population is either single or a single parent, and the ways in which people are falling through these social safety nets” demonstrates the need for change, said author Anne Helen Petersen.
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For people on benefits, inflation adjustments lag behind

Dec 10, 2021
Social security and SNAP benefits are adjusted every year for inflation. While that tends to be enough in normal years, it's not enough right now.
For those on fixed incomes, inflated prices on everyday items like rent and food can hit particularly hard.
Chandan Khanna/AFP via Getty Images

The Social Security increase is historically big

Oct 14, 2021
The 5.9% increase isn't typical, as cost of living increases for Social Security are usually under 2%.
The hike in Social Security payments for 2022 will help seniors cover rising costs for food, health care and rent.
Valerie Macon/AFP via Getty Images

For retirees on fixed incomes, rising prices for consumer goods can be tough

Jul 13, 2021
Social Security provides cost of living updates. But for those with additional money to invest, inflation can eat into more conservative investments like cash and bonds.

Biden faces economic obstacles beyond the pandemic's burdens

The list includes dwindling trust funds for Social Security and Medicare and potential bubbles in the housing and stock markets.
Biden will confront "headwinds unlike those that have ever been faced by any modern president," says Eugene Steuerle of the Urban-Brookings Tax Policy Center.
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In first presidential debate, what will we hear about the economy?

Sep 28, 2020
Additional coronavirus aid for state and local governments is a likely point of contention.
Alex Wong, Win McNamee/Getty Images

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Payroll tax cut could mean Social Security benefits run out sooner

A lot of older Americans rely on Social Security benefits to pay their bills.
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Trump's payroll tax holiday sows confusion

Aug 10, 2020
President Trump has ordered Treasury to stop collecting the employee portion of payroll taxes for some workers through the end of 2020.
President Donald Trump signs an executive order and three memorandums extending coronavirus economic relief on Aug. 8. How the payroll tax holiday would benefit Americans remains unclear.
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