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Jun 29, 2010

Top Republican: Raise Social Security's retirement age to 70
A Republican-held Congress might look to raise the retirement age to 70, House Minority Leader John Boehner suggested Monday. Boehner, the top Republican lawmaker in the House, said that raising the retirement age by five years, indexing benefits to the rate of inflation and means-testing benefits would make the massive entitlement program more solvent. He suggested reducing or eliminating benefits to Americans with a substantial non-Social Security income while retired.

Jun 22, 2010

Hoyer Says Taxes Will Likely Rise
House Majority Leader Steny Hoyer said Democrats will have to consider passing only a short-term extension of the Bush-era tax cuts for middle-class people this year. After that, taxes could be headed higher.

Jun 17, 2010

How Social Security Can Gain Without Much Pain
The main reality to recognize is that, notwithstanding the dour truth-telling of alarmist politicians, anti-government ideologues, and misinformed journalists, Social Security can be sustained indefinitely without inflicting any pain whatsoever on the vast majority of Americans, and with only modest costs to upper-income taxpayers.

Jun 14, 2010

Benefits payments going paperless by 2013
The Treasury Department will announce on Monday that most government benefits payments will be made by direct deposit by 2013, the latest in a series of cost-cutting moves by the Obama administration.

Jun 9, 2010

Social Security's defenders wary of deficit reduction commission
The heated rhetoric is an ominous sign for Obama's deficit-fighting task force, which is charged with developing a bipartisan plan to stabilize the soaring national debt. Adjusting Social Security benefits is a likely point of consensus, commission members say.

Jun 4, 2010

Here's how you'll pay for retirement
Retirement planning isn't about "the number," but the numbers -- your assets, liabilities, expenses, and income. The more you know about those numbers, the more likely your retirement plan will become a reality instead of a pipe dream.

May 30, 2010

Senate Dems urged to win back seniors
To explain the healthcare reform bill and other parts of the party’s agenda, Senate Democratic leaders want members to hold town hall forums at senior centers to promote how the recent Wall Street reform bill will protect seniors from predatory lending programs and safeguard their retirement savings, and to spread the word that the healthcare bill is bringing immediate benefits.

 

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