A Trump presidency would drain Social Security's finances faster, budget group warns
Americans are in danger of losing their full benefits by the mid-2030s — and a nonpartisan budget group is warning that if Trump is elected, his policies could push the funding crisis years sooner. The Committee for a Responsible Federal Budget (CRFB),
Trump proposals could drain Social Security in 6 years, budget group says
The Committee for a Responsible Federal Budget predicts many of Trump’s policies could hasten the looming depletion of the Social Security Trust Fund.
Trump proposals would worsen Social Security finances, budget group says
"Neither candidate has presented plans to fix Social Security’s finances," the Committee for a Responsible Federal Budget wrote in its report.
Report: Trump's plans could force Social Security benefit cuts in 6 years
The Committee for a Responsible Federal Budget says Trump's proposed tariffs, tax cuts and deportation could 'dramatically worsen' Social Security.
Trump plan would make Social Security insolvent in just 6 years, budget group says
Republican Donald Trump and Democrat Kamala Harris have both vowed not to cut the popular government programs Social Security and Medicare.
Trump's Social Security plan could lead to 33% benefits cut: Analysis
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.
Trump Plans Would Accelerate Social Security’s Money Crunch, Report Says
Donald Trump’s proposals would accelerate the date—from fiscal year 2034 to fiscal year 2031—when Social Security will run out of money to pay full benefits as promised and would require larger benefit cuts unless Congress acts,
Trump’s policies could drain Social Security in just six years, report warns
If former President Donald Trump wins the November election and institutes his planned agenda, the Social Security Trust Fund may be empty in just six years, according to a new report. The nonpartisan Committee for a Responsible Federal Budget (CRFB),
Cabinet is ‘united’ on Budget, says Reeves after ministers settle spending plans
The Chancellor said it was ‘right’ that Cabinet ministers had attempted to get the best settlements possible for their ...
Santa Rosa Press Democrat5h
Santa Rosa’s budget deficit is triggering cuts. Here’s a snapshot of the reductions, impacts
Santa Rosa’s troubled financial outlook is going to need several rounds of restructuring, according to city officials. Here’s ...
US election, geopolitics and UK budget fears dent global vacancies, survey shows
Global employers reported a fall in white-collar vacancies in September, a survey showed on Tuesday citing factors including ...
Seattle’s JumpStart tax revenues are for housing, not balancing budget
The continued reliance on JumpStart to balance the overall city budget is unsustainable and undermines the very purpose for ...
Santa Rosa Press Democrat1h
Santa Rosa council to discuss proposed initial cuts to narrow budget gap
Budget officials have identified $21.2 million in one-time reductions and $8.2 million in ongoing cuts, including vacant ...
The Denver Post12h
Denver Mayor Mike Johnston adds more rent assistance money — but rejects most budget requests from council
Mayor Mike Johnston has responded to the big changes City Council members want him to make to his proposed 2025 budget by ...
Proposed Clarendon Hills budget includes 3.4% property tax hike
The proposed 2025 budget includes a property tax increase of 3.4%, which is less than the allowable amount of 4.4%, officials ...
The CT budget debate and the 2024 election. What voters need to know.
GOP leaders said voters also engage on the topic simply by being reminded of the tax hikes they faced not long ago ...
Winooski uses game to engage residents in budget planning
Winooski city leaders are hosting outreach events and getting creative to gather public feedback and educate residents on ...
White House defends economic record after Biden blows $1.8 trillion hole in budget
The White House blamed former President Donald Trump and his administration for the $1.8 trillion deficit the Treasury ...