Sen. Bill Cassidy (R-LA) released the first in a multipart video series highlighting Social Security's dire financial outlook on Monday, featuring him taking to the streets for man-on-the-street-style interviews in which he prescribed some solutions and knocked 2024 hopefuls for shying away from…
Sen. Bill Cassidy released the first in a multipart video series highlighting Social Security's dire financial outlook on Monday, featuring him taking to the streets for man-on-the-street-style interviews in which he prescribed some solutions and knocked 2024 hopefuls for shying away from reform.
— U.S. Senator Bill Cassidy, M.D. May 15, 2023 That"Big Idea" Cassidy refers to is the establishment of a separate fund to strengthen Social Security via private investments. People on the street featured in his video seemed receptive to it, though the precise mechanics of the proposal remain unclear.
One projection from the Congressional Budget Office estimated that the program's Old-Age, Survivors, and Disability Insurance trust funds will be depleted by 2033 and 2048, respectively.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Social Security update: Direct payment worth $914 arrives in 18 daysSupplemental Security Income beneficiaries will receive their June payments, worth $914 for individual filers, in 18 days.
Leer más »
PolitiFact - Trump suggested raising Social Security retirement age in 2000, but hasn’t backed it sinceDonald Trump suggested raising the Social Security retirement age to 70 in a book published in 2000. In his current campaign, he mocked those who want to raise the minimum age to qualify for Social Security.
Leer más »
Does it matter if Social Security checks are delayed?It does indeed for about 13 million retirees for whom Social Security is a lifeline
Leer más »
Social Security update: COLA in 2024 could be just 3.1%, forecast saysA new forecast estimates that Social Security recipients may only receive a 3.1% cost-of-living adjustment, or COLA, next year.
Leer más »
Social Security update: Direct payment worth $914 arrives in 17 daysRecipients of the Supplemental Security Income program are due to receive their checks, worth up to $914 for individual filers, in 17 days.
Leer más »