It's in the news every year at tax time - Social Security needs reform or it will run out of money in 13 years. Ignored is the projection that FICA taxes would continue to fund 79% of benefits even if the current $3 trillion trust fund was depleted. Most tragic projections come from folks like … Continue reading Save Social Security with an easy change!
We learned today that there is too much money in the Social Security retirement fund and not enough money in the Social Security disability fund, so the Republican-dominated Congress seems determined to prevent transfers from the "rich" fund to the "poor" fund, allowing both to last until 2033. Otherwise, the disability fund would run out … Continue reading GOP thrust to stop transfers between Social Security funds may open a path for new progressive benefits’ improvement