Tag: Social security benefit cuts

United States capitol in Washington DC with a Social Security card and money

A mix of tolerable benefit cuts and realistic revenue increases would make everyone better off. In early January, Social Security’s Chief Actuary released estimates of a comprehensive proposal to restore long-term balance to the program.  The request for this estimate was submitted by Rep. Steny Hoyer (D-MD), but the proposal was constructed by Wendell Primus,…

Senior man reading newspaper

Improving benefits for the low paid is a noble goal, but all but the very wealthy need the benefits in current law.    Why in the world would Republicans put out a plan to dramatically cut Social Security? Even Donald Trump said he wouldn’t mess with the program’s benefits. Yet, the Republican Study Committee’s Blueprint to Sav…