Articles

  • Which Is It? A Social Security Deficit, or Money Owed To The Social Security Trust Fund? A common debate is re-emerging this year over Social Security’s “deficit, ” as the federal borrowing limit looms.  The debt limit, which was suspended since late 2015, was re-instated on March 16th.  That debt limit sets the money the Treasury can borrow to pay for federal obligations, including money owed to the Social Security Trust ...
  • House Lawmakers Want Fast Action on Social Security and Medicare Overhauls By Mary Johnson, editor A group of lawmakers in the U.S. House recently announced they are working on plans to reform Social Security and Medicare, according to a recent story appearing in The Wall Street Journal.  The House Freedom Caucus, made up of 40 conservative House Republicans, intends to draft a plan overhauling both Social Security ...
  • Major COLA Cuts In House Social Security Overhaul Bill During the presidential campaign, Donald Trump repeatedly promised that, as president, he would not touch Social Security.  But will he keep his word?  In December of last year, legislation was introduced by a House Republican leader that would mandate massive cuts to Social Security benefits. Representative Sam Johnson of Texas, Chairman of the House Ways and ...
  • Millionaires Need to Start Paying Their Fair Share (Washington, DC) – Seventy – nine percent of older Americans think the highest -earning workers should be paying Social Security taxes on all of their wages, just like other workers do, according to recent survey by The Senior Citizens League (TSCL). “The issue is a top priority with older voters, many of whom are outraged ...
  • Two Ways The New President Can Improve Social Security Benefits For Women By Mary Johnson, editor Roughly 27% of older single women are at high risk of living in poverty, because they have little other income to augment their Social Security benefits.  Single women have it worse in retirement than married couples and men, and are more likely to become impoverished as they age.  Most women have lower ...
  • Benefit Bulletin: January 2017 Congress, Keep Your Hands Out Of Our Pockets! In today’s climate of toxic partisanship, it’s natural to wonder whether polls and surveys have any real effect on how Congress votes.  But your opinion counts a lot more than you may be giving yourself credit for — and can swing votes in Congress. There’s a lot at stake.  ...
  • Benefit Bulletin: December 2016 What Social Security Fails To Tell You Can Cost You Dearly TSCL hears from people every day about the adequacy of their benefits.  People who began collecting benefits at 62 frequently tell us they were unaware of the financial consequences of their decision, and were not informed by employees of the Social Security Administration that their ...
  • Benefit Bulletin: November 2016 Could You Survive A 21% Benefit Cut? The upcoming election has important implications for the future of your Social Security benefits.  While voters have heard a great deal from the candidates for months, specifics of their plans for Social Security have in too many cases been difficult to learn.  But doing nothing to strengthen Social Security’s ...
  • Benefit Bulletin: August 2016 78% Of Older Voters Support Strengthening Social Security By Raising Payroll Taxes Voters have opposed benefit cuts in the past as a way to fix Social Security.  But TSCL’s new 2016 Senior Survey found that older voters favor some changes that provide the program with more revenue, and modestly higher benefits in the future. Payroll taxes, ...
  • Why Expand Social Security Now? Medicare Costs Taking Bigger Share Of Social Security Benefits (Washington, DC) –Medicare costs are taking an increasing share of the Social Security benefits of retirees far more quickly than experts predict, according to a new survey from The Senior Citizens League (TSCL).  Forty-one percent of survey participants said they spent more than one-third of their Social Security benefits on Medicare premiums and out-of-pocket healthcare ...
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