As Social Security faces a looming solvency challenge, one proposal would boost its fortunes by making all wages over $400,000 subject to the payroll tax. A new survey suggests this “donut hole ...

It's been decades since the Social Security program had major reforms. In 1984, 90 percent of Americans' earnings were set below the taxable maximum, but income has raced far beyond what the top ...

Social Security Proposal Could Boost Income for Thousands Published Jan 16, 2024 at 12:04 PM EST Updated Jan 16, 2024 at 1:21 PM EST By Aliss Higham ...

The proposal—authored by Andrew Biggs, a senior fellow at the institute, and Kristin Shapiro, counsel at law firm Baker Hostetler—anticipates that the Social Security trust fund would become ...

The Social Security Administration has cut 7,000 jobs, or 12% of its workforce, which was already at a 50-year low. The agency's regional offices were cut to four from 10.

Senators Bill Cassidy and Tim Kaine published an opinion piece in The Washington Post on Tuesday describing a proposal they say could save Social Security. The senators proposed creating an ...

The RSC proposal noted President Biden supported raising the age from 65 to 67 when he was a senator in the 1980s. It said action on Social Security was again necessary given projections that the ...