President Trump should combine extending tax cuts with fixing Social Security
Read more at MarketWatch
Topics
-
Trump’s Plan to Kill Social Security Benefit Tax Could Accelerate Its Insolvency
Social security is already in danger. President Trump’s plan to get rid of income taxes on the benefit won’t save it. In fact, it’ll probably do the opposite.Inc. - 1d -
Judge Extends Block on N.I.H. Medical Research Cuts
A federal judge in Massachusetts indicated she would move quickly to consider a more lasting injunction after hearing a laundry list of potential adverse effects of the Trump administration move to ...The New York Times - 11h -
How many people over 100 receive Social Security benefits?
Here's how many Social Security retirement checks go out to people 99 and older. Hint: It's far fewer than Trump claims.The Hill - 21h -
Judge Extends Block to Huge Cuts in National Institutes of Health Research Funding
Healthcare organizations and 22 states have sued to stop the cuts. The case is expected to reach the Supreme Court.Inc. - 12h -
One Month into the Trump Presidency
The president has moved swiftly to remake Washington. But for business leaders, that volatility has often been hard to navigate.The New York Times - 19h -
Are 150-year-olds collecting social security? What to know about Musk's claims
Elon Musk says the Department of Government Efficiency has found rampant fraud at the Social Security Administration. But that may not be the case, and an aging computer system could instead be to ...CBS News - 10h -
Will the expected IRS cuts delay my 2025 tax refund?
Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.CBS News - 11h -
With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue
The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests.The New York Times - 1d -
Thomas Friedman on Trump’s Desire to Be President for Life
The president wants to create a revolution abroad. This Opinion columnist would love to see a plan.The New York Times - 1d -
Trump says federal government should 'take over' local politics in DC
Trump is jockeying for local political power by positioning himself as the antidote to the city’s crime and homelessness.Politico - 1d -
Ukraine should 'tone it down,' sign Trump mineral deal, Waltz says
National Security Adviser Mike Waltz said Thursday that officials in Kyiv "need to tone it down" after a fierce back and forth Trump and Zelenskyy.ABC News - 1d -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - 10h -
Why President Trump is pursuing a 'sledgehammer' approach with tariffs and global trade deals
President Donald Trump's aggressive tariff plans covering many key economic allies and trading partners of the U.S. has support by the numbers.CNBC - 1d -
Ukrainians rally around their president after Trump seeks to denigrate him
Days before the third anniversary of Russia’s full-scale invasion, Ukrainians are as somber and tense as they were right before Moscow launched the warABC News - 1d -
Trump to meet with Polish president, amid discussions about Ukraine war
Polish President Andrzej Duda is expected to meet with President Trump on the sidelines of the Conservative Political Action conference on Saturday.CBS News - 8h -
What are Trump’s USPS plans? He says the Postal Service is a ‘tremendous loser’ that should ‘operate a lot better.’
President Donald Trump on Friday said his administration is working on an overhaul of the U.S. Postal Service and indicated that multiple options were under consideration.MarketWatch - 12h -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - 21h -
Rubio’s Dilemma: Cutting Trump’s Deal With ‘Bloodthirsty’ Putin
As a senator, Marco Rubio prided himself on challenging tyrants. But as secretary of state, President Trump has tasked him with helping to potentially turn Russia from an enemy into an ally.The New York Times - 15h -
From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings
Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...The Guardian - 1d -
IRS employee among those fired by Trump during tax season speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...CBS News - 9h -
PGA Tour, PIF, Tiger Woods meet with President Trump but do not reach a deal
Golf's reunification remains elusive even as the heads of two tours met with the president.Yahoo Sports - 1d -
President Trump is losing the stock market war to the rest of the world so far. Here's where investors are taking advantage
Emerging market stocks, China and European stocks are beating U.S. indexes since the inauguration of Donald Trump.CNBC - 19h -
Canadian national anthem singer says she intentionally changed lyrics in protest of President Donald Trump
Kreviazuk altered the words of 'O Canada' amid political tensions over Trump's comments on annexing Canada as a 51st stateCBS Sports - 12h -
Shilo Sanders not invited to Combine, but hires official Combine timers to verify his 40
Shilo Sanders' father Deion is a Hall of Famer and coached Shilo at Colorado.Yahoo Sports - 1d -
Trump Cuts Target Next Generation of Scientists and Public Health Leaders
A core group of so-called disease detectives, who track outbreaks, was apparently spared. But other young researchers are out of jobs.The New York Times - 3d -
Trump's birthright order to remain blocked; Pentagon to cut $50B
The Pentagon is in the cost-cutting crosshairs of Elon Musk's Department of Government Efficiency as Secretary of Defense Pete Hegseth orders officials to find $50 billion in cuts to the defense ...NBC News - 1d -
Trump executive order could cut ‘infant assistance’ benefits for undocumented migrants
NBC News Homeland Security Correspondent Julia Ainsley joins Meet the Press NOW to discuss a new executive order from President Trump and the latest legal challenges to his administration's ...NBC News - 1d -
Trump job cuts could throw national parks and forests into 'staffing chaos'
The only locksmith at Yosemite National Park in California, the sole EMT ranger at neighboring Devils Postpile National Monument, an experienced sled dog musher in Alaska’s Denali National Park.NBC News - 1d -
6,000 IRS Employees Fired in Latest Round of Trump Cuts
Labor unions have sued to try to stop the mass firings, but this ruling has allowed them.Inc. - 1d -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 17h -
Trump, DOGE mass job cuts: Federal workers’ money questions answered
The Trump administration is terminating federal workers across agencies. Here’s what to know about your rights and finances if you were impacted by the cuts.CNBC - 15h -
GOP lawmakers confronted by constituents angry about Trump-Musk cuts
Republican lawmakers have faced backlash at town halls and other events in their districts in recent days.CBS News - 12h -
Trump administration pushes on with government cuts amid some signs of pushback
NBC News White House Correspondent Yamiche Alcindor and NBC News Capitol Hill Correspondent Melanie Zanona report on new firings in the federal government as some House Republicans are confronted ...NBC News - 13h -
Trump Cuts Protections for Haitians, Putting Them on Track for Deportation
The decision is the latest in President Trump’s sweeping crackdown on immigrants, including people whom the Biden administration had authorized to remain in the country.The New York Times - 5h -
Michigan extends May, ending Indiana speculation
Michigan men's basketball coach Dusty May has agreed to a new multiyear agreement with the school, athletic director Warde Manuel announced Friday, effectively removing May from consideration for ...ESPN - 5h -
The Hunt Report: 2025 HBCU Combine, Legacy Bowl practice standouts and takeaways
You may not know these prospects, but NFL scouts sure doCBS Sports - 14h -
Trump’s first month back in office marked by mixed polling on his federal cuts
NBC News White House Correspondent Yamiche Alcindor, Senior National Security Correspondent Courtney Kube and Capitol Hill Correspondent Julie Tsirkin join Meet the Press NOW to report on President ...NBC News - 1d -
Federal worker fired by Trump administration talks about losing her dream job amid major cuts
Katie Sandlin thought she landed her dream job at the NIH as an educator. She spent her life savings to move from Alabama to just outside Washington, D.C. After only a few weeks on the job, she was ...CBS News - 19h -
At town halls, Republicans feel the heat from Trump and Musk's firing and cutting spree
Republicans members of Congress who held town halls back home this week got an earful from constituents upset about Donald Trump and Elon Musk's firing spree.NBC News - 12h
More from MarketWatch
-
‘I’m a reluctant snowbird’: We’re in our 60s, have $3.3 million for retirement and own a $1 million home. Can we afford a $290K vacation home?
“We travel four to six months a year to another city where our children and grandchildren live.”MarketWatch - 12m -
My husband and I have been married for 18 years. We share a son — and my husband has a daughter. Why should they get an equal inheritance?
“This year she got married, and I was completely left out of any planning, bridal-shower and wedding activities.”MarketWatch - 8h -
‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?
‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’MarketWatch - 8h -
‘I feel like I’ve opened a hornet’s nest’: My mother-in-law lists my husband as beneficiary on her $1 million IRA. But her will says otherwise. Who wins?
“All of this is causing a lot of turmoil in the family. Does her will trump the IRA beneficiary?”MarketWatch - 8h -
The iPhone 16e has one big drawback
The new device has all the bells and whistles we have come to expect.MarketWatch - 8h
More in Business
-
‘I’m a reluctant snowbird’: We’re in our 60s, have $3.3 million for retirement and own a $1 million home. Can we afford a $290K vacation home?
“We travel four to six months a year to another city where our children and grandchildren live.”MarketWatch - 12m -
Big Day for Crypto Goes South After Bybit Hack
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.The New York Times - 31m -
Can a Year-End Bonus Be Docked If You Took Maternity Leave?
Is it fair for management to dock someone’s annual incentive pay because of a maternity or medical leave?The New York Times - 31m -
Markets and Corporate America Are Unfazed by Washington Chaos, for Now
The federal budget debate has big implications for the economy. Businesses are betting that tax cuts will be extended and the math will work out.The New York Times - 32m -
Wall Street Is Getting Antsy With Trump
The contrasting reactions between the overflow and V.I.P. areas at a Trump event encapsulated the finance world’s worries about the new administration’s first month.The New York Times - 33m