3 Million workers will finally get their full Social Security benefits.
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Social Security settles in court and must repay funds it had forced recipients to pay back.
Corporations used the “crying wolf” strategy to claim that raising the minimum wage would harm the poor, that Social Security was a slippery slope towards socialism, and that the government has gone “too far” in regulating carbon emissions.
In a controversial move, the GOP-led House Budget Committee's hearing to establish a fiscal commission raises alarms for potential cuts in Social Security and Medicare.
The whole subsidy to retiree story is a diversion from the many important issues facing the country. Even the core idea, that we don’t adequately support the young because we give too much to the elderly is wrong.
Raising revenues is central to any responsible effort to reduce deficits, but there is no sign that long-standing Republican resistance to raising revenues has reversed or even softened.
Current rules for SSI recipients make it difficult to get financial help from friends and family.
"The largest group of House Republicans just released a budget that calls for massive tax cuts for the super-rich and raising the Social Security retirement age, a benefit cut for millions of Americans."
President Biden should do “whatever it takes” to avoid an economic catastrophe. House GOP-led efforts are to blame for the impending debt crisis. In 2011, the GOP’s demands for massive spending cuts sabotaged the Great Recession recovery.
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