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

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

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

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 ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries ...

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

If you’re among the 74.5 million Americans receiving Social Security or claiming soon, 2026 brings a wave of changes that ...

Millions of Americans rely on Social Security benefits for all, or a portion, of their retirement income. Up to 85% of Social ...

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

Although President Donald Trump’s “One Big Beautiful Bill Act” offers new tax deductions and credits across different income levels, low-income households – the bottom 20% of income earners – are ...

This targeted relief helps lower-income retirees more effectively than the promised Social Security tax cut would have.

The Trump administration is reportedly plotting a major overhaul of Social Security that could see hundreds of thousands of ...