Latest in Even Republicans want to raise Social Security taxes
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Even Republicans want to raise Social Security taxes
Wondering what fixing the program will look like? A new report gives us a clue.MarketWatch - Mar. 20 -
Republicans want Musk to shut up about Social Security
Senate Republicans want Elon Musk to stop talking about Social Security, and the Department of Government Efficiency to leave it alone. Musk’s statement that Social Security is a “Ponzi scheme” and ...The Hill - Mar. 20 -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - Mar. 11 -
Social Security Employees Warn of Damage From DOGE
Current and former employees, both Republican and Democratic, are raising alarms about the damage cost-cutting efforts could do to the agency’s ability to serve the public.The New York Times - Mar. 19 -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - Mar. 13 -
Musk's Social Security problem
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP wants Musk to keep quiet on Social Security Elon Musk’s labeling of ...The Hill - Mar. 20 -
NY Republican slams Social Security office closure plan: 'Slap in the face'
Rep. Mike Lawler (R-N.Y.) on Thursday slammed a New York Social Security office closure plan. "The decision to close the only Social Security Hearing Office in the Hudson Valley is a slap in the ...The Hill - Mar. 20 -
Democrats grill Social Security nominee over disruptions as Republicans defend Trump
WASHINGTON — President Donald Trump’s nominee to lead the Social Security Administration, Frank Bisignano, got an earful from Senate Democrats at his confirmation hearing Tuesday, in the wake of ...NBC News - 2d -
Elon Musk and DOGE Keep Eyes on Social Security
The tech billionaire has repeatedly suggested, without evidence, that Social Security is rife with fraud, even as President Trump denies plans to cut those benefits.The New York Times - Mar. 15 -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - Mar. 10 -
Top Republicans say they're out of the loop as DOGE downsizes Social Security Administration
Elon Musk’s Department of Government Efficiency is moving to downsize the Social Security Administration with office closures, cutbacks on phone services and new rules requiring in-person visits ...NBC News - 1d -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - Mar. 7 -
Steele calls Commerce secretary 'arrogant SOB' over Social Security remarks
Former Republican National Committee (RNC) Chair Michael Steele chided Commerce Secretary Howard Lutnick for saying his mother-in-law “wouldn’t call and complain” if she didn’t get her Social ...The Hill - 3d -
Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast | Gaby Hinsliff
The world has shifted and defence spending has to rise. But time is running out for the government to make a case for it. Five years ago this weekend, life as we knew it was suspended overnight. ...The Guardian - Mar. 18 -
Republicans in Congress weigh tax increase for top university endowments
Elite US schools including Harvard, Stanford and Princeton could see levies on investment gains raised as high as 21%Financial Times - Mar. 15 -
Commerce secretary: No one but 'fraudsters' would complain about missed Social Security check
Commerce Secretary Howard Lutnick raised alarm over “fraudsters” receiving Social Security benefits, as Trump allies have ramped up rhetoric about potential waste in the program amid a major ...The Hill - 6d -
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How DOGE Cuts Aim to Push the Social Security Administration Beyond Breaking Point
Elon Musk’s federal spending and headcount slashing is supporting a longtime Republican goal: disabling the Social Security Administration while legislators can still deny they voted for cuts.Inc. - Mar. 18 -
Social Security Will Require Online or In Person Identity Checks
The new rule would require people who want to make changes to first verify their identity online or in person.The New York Times - Mar. 19 -
Tax, spending divisions rankle Republicans despite momentum on reconciliation
Republican leaders in the House and Senate emerged from a meeting at the Treasury Department Tuesday afternoon sounding upbeat about their “big, beautiful bill” that has an extension of the 2017 ...The Hill - 1d -
Tips to prevent Social Security overpayments
Social Security overpays its recipients by billions of dollars every year — and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.CBS News - Mar. 12 -
Why Social Security’s Future Could Be in DOGE’s Hands
Trump promised that Elon Musk’s DOGE wouldn’t touch Social Security. But DOGE is already making cuts to the agency.Inc. - Mar. 9 -
Social Security's plan to get overpayments back
The Social Security Administration (SSA) announced its plan to recover 100% of overpayments to beneficiaries. CBS News' Lindsey Reiser reports.CBS News - Mar. 10 -
Elon Musk was right — Social Security is a Ponzi scheme
Social Security is unsustainable. The rare, brave soul who admits this truth can expect to suffer the consequences.The Hill - Mar. 12 -
These Are the 10 DOGE Operatives Inside the Social Security Administration
The team working at the Social Security Administration appears to be among the largest DOGE units deployed to any government agency.Wired - Mar. 13 -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - Mar. 10 -
Why Rachel Reeves may have to raise UK taxes in October
The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?BBC News - 17h -
Why Rachel Reeves may have to raise UK taxes in October
The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?BBC News - 17h -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - Mar. 8 -
Federal firefighters secure permanent pay raises in spending bill
Federal wildland firefighters secured a permanent pay raise Friday after years of waiting for Congress to answer their plea.NBC News - Mar. 14 -
Which Social Security offices are expected to close this year?
Dozens of Social Security Administration offices across the country are expected to close this year as part of the Department of Government Efficiency’s (DOGE) cuts to the federal government. DOGE ...The Hill - Mar. 19 -
Ocasio-Cortez: 'If Republicans wanted to avert a shutdown, they can'
Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Thursday put the onus on Republicans to avert the looming government shutdown. “Everybody knows that Donald Trump is president, that Republicans have the ...The Hill - Mar. 13 -
Social Security is about to become a big problem for Trump
As we look to the midterm elections next year, Trump will be dealing with 2.5 million people in Social Security’s disability backlog who aren't receiving a basic governmental function.The Hill - Mar. 12 -
The average Social Security payment in every U.S. state
The amount you receive from Social Security when you retire depends on your age, work and earnings history. Here's how much beneficiaries receive in each state.CNBC - Mar. 18 -
Changes at the Social Security Administration | 60 Minutes
After a 2023 60 Minutes report, Social Security said it would claw back no more than 10% of a person’s monthly check to recover an overpayment. That changed earlier this month under President Trump.CBS News - 3d -
Why Trump wants to bring aluminum production back to the U.S.
Aluminum is a "critical mineral" in the U.S. but the metal is largely produced in other countries, raising security concerns within the Trump administration.CNBC - Mar. 13 -
Schumer assails Musk for claiming Social Security rife with fraud
Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead” ...The Hill - Mar. 11 -
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.CBS News - Mar. 10 -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - Mar. 11 -
Social Security to curtail some toll-free phone services
Social Security will no longer let people change bank information by phone, alleging the practice is behind direct deposit fraud.CBS News - Mar. 13