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As a result of inflation, people on fixed incomes find that their incomes decline in value over time. One extremely important feature of Social Security is that its benefits are adjusted every year automatically to offset increases in inflation so that the modest, but vital, benefits do not erode over time.
In this Oct. 8, 2018, photo, Leila Hart, 21, explains early voting and absentee voting to a resident in Forest Park, Ga. Hart is a paid canvasser for Georgia's Democratic gubernatorial candidate Stacey Abrams.
Tens of millions of Social Security recipients and other retirees will get a 2.8 percent increase in benefits next year as inflation edges higher. For the average retired worker, it amounts to $39 a month.
Tens of millions of Social Security recipients and other retirees will get a 2.8 percent increase in benefits next year as inflation edges higher. For the average retired worker, it amounts to $39 a month.
The first debate the two engaged in on New Hampshire Public Radio Wednesday opened up lines of attack that you can bet both their campaigns will go after.
Falklands : Fraud in Prepaid Benefits Program Hits Pensioners in the US and Overseas Submitted by Falkland Islands News Network 04.10.2018 Recent recipients of Direct Express cards which were to facilitate US Benefits recipients overseas have found that their accounts have been drained. Fraud in Prepaid Benefits Program Hits Pensioners in the US and Overseas By J Brock Recent recipients of Direct Express cards which were to facilitate US Benefits recipients overseas have found that their accounts have been drained.
We have a $21-trillion national debt, and it begs the question of how and why we incurred such an enormous debt? Even more puzzling is how and why we are adding a trillion dollars to the debt this year, with full employment and a booming stock market.
These days, there appear to be many more conservatives who are essentially "survival-of-the-fittest" social Darwinists than there were during the 1950s through 1970s. They want to eliminate all federal government safety-net programs, including Social Security, Medicare, Medicaid, food stamps and college student loans.
The first debate of the tight U.S. House race in eastern Washington state is likely to feature plenty of sniping about Social Security, taxes and rising college tuition.
Nervous Republican incumbents can take comfort in President Trump's fulfilled promise not to change Social Security. I don't know if this was deliberate or coincidental, but House Speaker Paul Ryan was focused on the President's agenda of tax cuts.
Their demise technically came Tuesday when the Congressional Budget Office calculated the federal deficit at $895 billion for the first 11 months of fiscal 2018 - a stunning gap that was met with a collective shrug on Capitol Hill. But the real death of the deficit hawks came late last year and early this year, as Republicans such as Speaker Paul Ryan of Wisconsin who had railed against deficits in the first years of the Obama administration pushed through a massive tax cut despite CBO projections of a surge in federal borrowing.
This week, House Republicans did what they do best: offer to cut taxes and add to the deficit. Their three-part reform plan is round two of their goal to dramatically slash taxes and reform the nation's tax code.
Here are the stories our D.C. insiders are talking about in this week's "Inside Politics" forecast, where you get a glimpse of tomorrow's headlines today. Is the President ready for November? CNN national political correspondent Maeve Reston said she's hearing from Republican operatives and donors worried that President Trump and his top advisers don't realize how bad November's election could be for them.
Eager to dismiss his critics, President Donald Trump is fabricating the circumstances regarding jobs, the economy and the social safety net. He insists that Social Security and Medicare are becoming stronger under his watch when the most recent government report shows the financial condition of both programs worsening.
Last month, Bank of America reportedly froze access to a Kansas couple after they failed to provide proof of U.S. citizenship. Josh Collins and wife Jessica Salazar Collins disregarded a form the bank mailed them in June asking whether Collins was a citizen, assuming it was a scam.
Senator Marco Rubio and Representative Ann Wagner wrote in USA Today that they are introducing legislation to modernize our more than 80-year-old public pension system - Social Security - to make it more flexible and better able to meet the needs of today's workers. This is welcome news.
George Wallace is a contributor to Writers on the Range, the opinion service of High Country News . He has ranched and farmed in the West all his life.
T he state official overseeing the race, a known voter suppressor, won a GOP runoff this week to be the nominee. If past is prologue -- and in the world of elections it often is -- the race for the next governor of Georgia may be one of the dirtiest of 2018.
Maryland's U.S. senators say the Social Security Administration is demonstrating "hostility towards its workforce" in the way it is implementing recent executive orders signed by President Donald J. Trump . Trump signed the orders in May with the stated goals of promoting accountability, rooting out poor performers and negotiating union contracts more advantageous to taxpayers and the federal government.