Defaulting on the debt has some real life consequences as well. The Treasury has to start pinching pennies. That means people relying on Social Security ... one of *** few to have this type of limit.
Each year, Social Security benefits are adjusted to keep up with inflation (if there is any), with the goal of helping seniors who receive Social Security checks ... isn't a big surprise that the ...
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks unless there’s a sudden resolution. A previous deal by Congress ...
For more, don't miss the recently announced Social Security Fairness Act and the Social Security and SSDI cheat sheet. While you can still work and receive ... that limit, you may no longer ...
One of the final ... in addition to receiving Social Security benefits, earned a pension. In the 1980s, Congress passed laws that reduced the Social Security checks of these workers—a move ...
My plan isn't necessarily ... you're one of the lucky few that reaches the maximum possible monthly Social Security payment (and most people won't), that's still only a scraping-by, no-margin ...
Striking a deal with Democrats to raise ... putting a debt limit [increase] alongside fiscal reforms,” Arrington said. “There are going to be two primary fiscal policies in the one big ...
House Republicans believe they will need bipartisan support to raise the debt limit ... one side breaks the norm, the other side will return the favor.” “This is a mistake,” he posted on ...
A group of House Republicans and President-elect Donald Trump talked about tying wildfire aid to a debt ceiling increase Sunday ... are estimated to become one of the costliest natural disasters ...
For millions of retirees, it’s an enticing idea, conjuring visions of bigger monthly checks and greater ... of deepening the national debt or exacerbating Social Security’s funding challenges.
Trump did not weigh in on his preferred strategy, one of the sources said. Another source said Trump “wants it raised,” referring to the debt limit, but does not want it to be used as a “political ...