Hidden away in this year's budget package, Republicans in the House of Representatives are proposing a $1.7 billion cut to the Social Security Administration (SSA). If carried out, the budget cut will not only undermine Social Security's promise to pay every American the benefits they have earned - it will also make Social Security less …
Category: Social Security
Social Security is fine for at least 26 years – here’s the permanent fix
From the Huffington Post: By Robert Reich New Jersey Governor Chris Christie, a Republican presidential hopeful, says in order to "save" Social Security the retirement age should be raised. The media are congratulating him for his putative "courage." Deficit hawks are proclaiming Social Security one of the big entitlements that has to be cut in …
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How Social Security fills the gap for workers in small businesses
From the Alliance for Retired Americans: Today more than 70 million Americans work in private sector firms. Of that number, more than 10 million work in firms with fewer than 100 employees. Generally, the smaller the firm size, the less likely the firm will offer a defined benefit or defined contribution retirement plan to workers. …
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