When combined with the potential for benefit cuts early next decade, the rising cost of Medicare could become a huge burden ...

The two main ways to fix Social Security are to shrink benefits or increase revenue coming into the coffers. The Committee ...

The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...

Social Security payments continue for 74 million Americans during the government shutdown, but offices face service cuts and ...

Case in point, in Trump’s One Big Beautiful Bill Act (OBBBA) passed by the House on July 4, Social Security taxes were not ...

Social Security faces a 24% benefit cut in under 10 years. Officials are weighing income caps and tax increases to prevent it.

According to Yaros, the U.S. government is approaching a fiscal turning point. As the Social Security trust fund is depleted, ...

In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...

The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from ...

The US budget deficit fell to USD 1.775 trillion in fiscal 2025, aided by higher tariff revenues and deep education cuts, despite rising Social Security, healthcare, and record debt interest costs.

Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest Gallup poll. The survey, conducted in September, asks Americans whether ...

Trump has started firing thousands of federal workers while assuring the military will be paid during the shutdown.