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As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
Alas, we have the system we have for now and it’s on the ropes thanks to demographic pressures and mismanagement of the ...
An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...
The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...
When that happens, seniors will face an automatic 23 percent cut in their Social Security benefits. Medicare will reduce ...
As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
President Donald Trump keeps saying that Republicans' mega tax and spending cut legislation will eliminate taxes on federal ...
Meanwhile, Social Security’s trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year’s estimate of 2035.
That puts the Social Security Old-Age and Survivors Insurance Trust Fund, which pays retiree and survivor benefits, on schedule to be depleted in 2033, or when today’s 59-year-olds turn 67.
Total Medicare expenditures represented 3.8 percent of the gross domestic product in 2024 but is projected to grow to 6.7 percent by the end of the 75-year projection period. Social Security The ...
Meanwhile, Social Security's trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year's estimate of 2035.