Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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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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How Today’s Urban Boomer Is Retiring in Pricey Cities
By Bankrate Staff, BankrateToday, more seniors are choosing to stay close to the urban offerings of major metropolitan cities across the country, rather than flock to the Sun Belt looking for low taxes, cheap living and warm...
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Stockman Blames Both Parties for a Debt-Ridden Nation
By Maureen Mackey, The Fiscal TimesDavid Stockman, former budget chief under Ronald Reagan, says the “mad, phony” money flowing from the Fed is undoing the country and that, essentially, we’re far too debt-ridden to fix any time soon...
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Big-Ticket Item for Dems: Keep Control of Senate
By Eric Pianin and Josh BoakSen. Tim Johnson of South Dakota this week became the fifth Democrat to announce he won’t seek reelection to the Senate next year, further complicating the party’s efforts to once again keep control...
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Rising Household Debt a Game Changer for Seniors
By Josh Boak, The Fiscal TimesMore and more Americans are spending their golden years racking up debt—a trend that could complicate entitlement reform and alter the historic transfer of wealth between generations.
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The Health Care Dilemma That Could Bankrupt Women
By Julie Halpert, The Fiscal TimesThe cost of buying long-term health care insurance is quickly becoming unaffordable for the middle class, particularly for aging women who face higher premiums. The results could be devastating for...