Tag: Social security benefit cuts
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…
75-year deficit remains, exhaustion of trust fund isn’t far away. The 2017 Social Security Trustees Report repeats the drumbeat that the program faces a deficit equal to 2.83 percent of payroll over the next 75 years and that its trust fund is scheduled for exhaustion in the early 2030s. The 75-year deficit is t…
