Budget Battles
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House Votes to Dodge Shutdown, Ditching Trump Demand
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Trump-Approved Spending Plan Goes Down in Flames
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Trump Blows Up Johnson’s Bipartisan Spending Deal
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Republicans Fume Over ‘Dumpster Fire’ Funding Bill
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Congress Struggles to Reach Deal to Avert Government Shutdown
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GOP Hardliners Say Border Bill Should Come Before Tax Cuts
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Senate Tees Up Vote on a Social Security Boost for Millions
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Why Uncle Sam Seized $713 Million From Social Security Checks Last Year
By Kelli B. Grant, CNBCIf you're counting on Social Security benefits, you better make sure you don't owe Uncle Sam. Under certain circumstances, the government can seize part of your Social Security check to satisfy...
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Oregon Just Took the Lead in Getting Americans to Save More for Retirement
By Eric PianinBucking resistance from a Republican Congress and the Trump Administration, Oregon has become the first state to launch a program requiring private employers to either offer their own 401 (k) savings...
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Trump’s 2018 Budget: F in Math, A in Provocation
Donald Trump campaigned on a promise to enact economic policies that would produce annual growth in gross domestic product (GDP) consistently higher than 3 percent. The US economy has not seen that...
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The Heartless Tradeoffs in the Trump Budget
By Mark ThomaAs the bombshells continue to drop on the Trump administration, behind the scenes Trump’s first detailed budget proposal is being developed, and it has a few bombshells of its own, particularly for...
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How Millions of Aging Baby Boomers Could Bust the Economy
By Eric PianinA new report not only highlights growing economic anxiety among an increasingly important and influential cohort of the population, but also suggests that this overarching pessimism and caution could...
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How the Government Is Making It Harder for You to Retire
By Eric PianinMany Americans have saved shockingly little for their retirements, with one study showing that the median savings for households near retirement age is just $17,000. In the coming years, tens of...
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10,000 Boomers Turn 65 Every Day. Can Medicare and Social Security Handle It?
By Eric PianinBy the time the last of this generation approaches retirement age in 2029, 18 percent of the U.S. will be at least that age, the Pew Research Center projects. The Centers for Medicare and Medicaid...
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The Growing Funding Gap for State Pensions Puts Millions at Risk
By Eric PianinTwo new reports by the Pew Charitable Trusts suggest that state governments across the country are shortchanging their employee pension funds and aren’t adding enough money in emergency funding...
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Here’s How Two Lawmakers Plan to Secure Social Security’s Troubled Future
By Eric PianinIf nothing changes, by the time today’s 50-year old reaches retirement age, Social Security will be paying 21 percent less in benefits than it is today.
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Trump Keeps Promise Not to Touch Social Security Reform – Or Did He?
Give Donald Trump credit for making his political career unique in many ways, to be sure. But one difference, in particular, has become a theme in his presidency: Trump keeps his promises. For the...
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Trump’s Tax Plan Could Affect Your Social Security
By Rob GarverThe Trump administration, at work on a new plan for tax reform, is reportedly considering a plan to cross into one of the most dangerous territories in American politics: fiddling with the Social...
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8 Reasons You Might Not Get the Social Security Benefits You Deserve
By Matthew Allen, The Fiscal TimesA whopping 70 percent of Americans fail to maximize their Social Security benefits, in most cases because they fall prey to one of the eight basic missteps below. Don’t be one of them. Failing to...
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Why Trump Won’t Touch Entitlement Reform…Yet
Trump needs a lot of money to pay for his grand plans. But tinkering with Medicare, Medicaid, and Social Security before the midterm elections next year is playing with fire.
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Americans Are More Willing to Cut Social Security Than Once Thought
By Eric PianinIt has long been an axiom in politics that Social Security is politically radioactive, and that politicians court political disaster by pressing for major changes in the nation’s premier retirement...
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Here’s a First Draft of the GOP’s Plan to Overhaul Social Security
By Eric PianinA senior Republican House chairman has begun circulating a proposal that would make major cuts and changes to the Social Security system in the coming decades, a move to contravene in President-elect...