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Government Pensions And Social Security

All articles tagged with #government pensions and social security

economy1 month ago•22 min saved

GOP eyes payroll-tax tweak to avert Social Security cliff

Facing a looming Social Security shortfall, some Republicans are weighing a payroll-tax cap increase as a way to stave off deeper retirement-benefit cuts, signaling a rare openness to tax hikes within the GOP and fueling debate about how to shore up the trust fund before its 2032 depletion.

via The Washington Post|

#economy #government-debt #government-pensions-and-social-security

opinion6 months ago•23 min saved

Cap Social Security at $100K for the wealthiest retirees, editors say

The Washington Post Editorial Board argues that with a looming federal debt and large deficits, Social Security is projected to pay six-figure benefits to some wealthy seniors; capping benefits for the wealthiest retirees (starting at $100,000 annually) would be a prudent first step in reforming the program and slowing spending.

via The Washington Post|

#compensation-and-benefits #fiscal-policy #government-pensions-and-social-security