Latest in Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
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Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
The president-elect’s plan may do more harm than good, experts said.Business - MarketWatch - 7 hours ago -
Trump's Social Security plan could lead to 33% benefits cut: Analysis
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.Top stories - CBS News - October 21 -
Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say
Even with Trump win and a Republican majority, plans to nix taxes on Social Security benefits may still face hurdles.Business - CNBC - Yesterday -
Social Security funds could run out in 6 years under Trump plans: Analysis
Social Security’s trust fund reserves could be depleted as early as 2031 under former President Trump’s proposals, several years earlier than recent projections, according to an analysis from the ...Politics - The Hill - October 21 -
Some Social Security beneficiaries will get an extra November check
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.Top stories - CBS News - October 14 -
Social Security's retirement trust fund may run out in nine years. Here's how the next U.S. president may address that
The trust fund that Social Security relies on to pay retirement benefits may be depleted in nine years. How the next U.S. president could change that.Business - CNBC - October 19 -
Trump, Harris tax-break costs soar to more than $12 trillion
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...Business - MarketWatch - October 29 -
If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare
Musk is talking big cuts. Something’s got to give.Business - MarketWatch - October 29 -
Trump plan would make Social Security insolvent in just 6 years, budget group says
Republican Donald Trump and Democrat Kamala Harris have both vowed not to cut the popular government programs Social Security and Medicare.Business - CNBC - October 21 -
Trump's economic plan could speed up Social Security insolvency, analysis suggests
A new analysis suggests former President Donald Trump's economic proposals, should he win the election, could speed up when the Social Security trust fund runs out of money. This is according to a ...Top stories - CBS News - October 23 -
Harris and Trump need to win over older voters on more than just Social Security and Medicare
This election, older voters are worrying about issues that may not seem to directly affect them.Business - MarketWatch - 2 days ago -
Will Social Security be solvent under Trump or Harris?
Social Security is under threat regardless of who wins the election, but an analysis says Trump's agenda would drain the fund more quickly than Harris' plan.Top stories - ABC News - October 23 -
How Trump Could Bankrupt Social Security
Retirement benefits for millions of Americans are on the line.Top stories - The New York Times - October 24 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - Yesterday -
Some workers qualify for a maximum Social Security retirement benefit. But even people with moderate earnings can increase their checks
A 2.5% cost-of-living adjustment in 2025 will push Social Security benefits up for all beneficiaries, including high earners.Business - CNBC - October 17 -
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Social Security really helps low earners — even though they might not live as long
Including disability benefits provides a more complete pictureBusiness - MarketWatch - October 26 -
‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy
While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances. Experts seem to agree the US economy has been on the upswing in 2024. A wave ...World - The Guardian - 3 days ago -
Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.Business - The New York Times - October 17 -
Trump and Harris pledged to save Social Security. Here's what they'll do.
Vice President Harris and former President Trump have both vowed to protect Social Security, but experts say both of their campaign platforms fall short of specific solutions for a program that ...Politics - The Hill - October 23 -
How Trump, Harris propose cutting healthcare costs
The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...Politics - The Hill - October 25 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
Disappointment Looks Different This Time Around
In 2016, social media was awash in calls to protest the day after Donald J. Trump’s victory. On Wednesday, many said it seemed like business as usual.Lifestyle - The New York Times - 4 hours ago -
Why the Social Media Reaction to Trump’s Election May Be Different From 2016
In 2016, social media was awash in calls to protest the day after Donald J. Trump’s victory. On Wednesday, many said it seemed like business as usual.Top stories - The New York Times - 4 hours ago -
Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...World - The Guardian - October 31 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
I’m single, retired and saved $2.3 million, but I’m still planning to take my Social Security early. Is that a stupid decision?
“If I take it now, my monthly distribution will be $2,500.”Business - MarketWatch - 5 days ago -
Here's how Harris and Trump's tax plans would impact your taxes
Harris and Trump both have proposed historically large tax overhauls. Here's what to know.Top stories - CBS News - 2 days ago -
Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - 2 days ago -
Here's who would benefit from Trump's proposed tax break on car loan interest
A tax deduction on car-loan interest proposed by former president Donald Trump would likely benefit wealthier taxpayers who buy expensive cars, experts said.Business - CNBC - October 14 -
Trump’s tariffs pose a greater risk to markets than his tax cuts
They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.Politics - The Hill - October 18 -
The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.Business - MarketWatch - October 22
