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 health care and financial support programs are facing a funding shortfall that may hit as early as the mid-2030s.

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

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

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

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

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

The IRS just expanded 2026 tax brackets for inflation while the One Big Beautiful Bill brought permanent changes to ...

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

Hobby expenses, international tax updates, a government watchdog looks at the IRS, gold and platinum visas, an ERC lawsuit is tossed, tax trivia and more.

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