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Non-inflation adjusted Social Security tax levels hurt senior citizens

Each year, more Social Security recipients owe tax on benefits because income thresholds haven t ever been adjusted for inflation. This hurts seniors.

Joe manchinJoe bidenMary johnsonSecurity administrationSenior citizens leagueMedicare boards of trusteesCongressional budget officeSocial securityUnited statesJordan gilbertiSocial security administrationMedicare boardsPresident joe bidenChild tax creditFairtax actInflation reduction act

Non-inflation adjusted Social Security tax levels hurt senior citizens

Each year, more Social Security recipients owe tax on benefits because income thresholds haven t ever been adjusted for inflation. This hurts seniors.

Joe manchinJoe bidenMary johnsonSenior citizens leagueMedicare boards of trusteesCongressional budget officeSocial securityUnited statesJordan gilbertMedicare boardsPresident joe bidenSocial secuirtyChild tax creditFairtax actInflation reduction act

Cameron Smith: When it comes to Social Security, Biden is his own worst nightmare

Cameron Smith: When it comes to Social Security, Biden is his own worst nightmare
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Joe bidenMedicare boards of trusteesSocial securityMedicare boardsPresident joe biden

Improving Budget Rules and Processes to Achieve Policy Outcomes in the 118th Congress

The goal of fiscal policy in the 118th Congress is to reverse the growth of government spending and inflation. The rules and processes by which lawmakers approach this important task can either set them up for success or failure. Therefore, it is vital that the new Congress adopt the right approach that provides the tools it needs to accomplish its goal. Congress should strengthen the rules and processes used to implement fiscal policy in three ways:

United statesDaniel meuserMike leeJohn katkoKeith hallWarren davidsonRalph normanKevin hernPhillip swagelMike garciaTom mcclintockBureau of economic analysisAppropriations committeeWhile members of congressFund to trust fundsSecurity trust fund

Editorial: Drain on Social Security s solvency isn t easing

Unless Congress makes changes soon, benefits could be reduced by 23 percent as early as 2034.

Ron wydenElizabeth warrenPatty murrayBernie sandersSecurity administrationSurvivors trust fundHospital insurance trust fundMedicare boards of trusteesThe heraldSocial securityMedicare boardsOld ageSocial security expansion actKnow your social security actSocial security administrationIn our view