Policymakers Should Prevent Recession-Related Social Security Benefit Drops

[Via CBPP] The next COVID-19 relief bill should fix an unintended benefit “notch” under which, due to the pandemic and resulting recession, Social Security benefits will be significantly lower for workers who turn 60 this year and will be eligible for early retirement benefits in 2022. Those becoming eligible for disability or young survivors benefits …

Continue reading Policymakers Should Prevent Recession-Related Social Security Benefit Drops

GOP ‘Plot to Gut Social Security Behind Closed Doors’ Gains Steam in Senate Covid-19 Talks

In the near future, you're going to start hearing more and more GOP proposals to cut Social Security under the guise of "entitlement reform" as the party suddenly rediscovers its concerns about budget deficits -- notwithstanding the fact that they passed a huge tax cut that added trillions to the debt and benefited mostly wealthy …

Continue reading GOP ‘Plot to Gut Social Security Behind Closed Doors’ Gains Steam in Senate Covid-19 Talks

Americans take a dim view of raiding their Social Security to cover pandemic expenses, poll finds

Via CNBC.com | Americans could use a financial boost. How to get that money into people’s hands has been a hot topic of debate. Democrats have proposed expanding unemployment insurance and giving Americans as much as $2,000 per month to get back on their feet. Meanwhile, one Republican proposal has called for giving Americans $11,000 now …

Continue reading Americans take a dim view of raiding their Social Security to cover pandemic expenses, poll finds