If there were no tax cheats in America, there would be no Social Security crisis. Benefits could be paid, and payroll taxes kept the same, for the next…
Read more The debt ceiling deal: This clause is bad for Social SecurityWASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to…
Read more Debt-ceiling deal reached in principle by Biden and McCarthy, vote could come early next weekWhen the U.S. debt-ceiling fight finally is resolved, the Treasury is expected to unleash a flood of bill issuance to help refill its coffers run low by the…
Read more A debt-ceiling deal will spark a new worry: Who will buy the deluge of Treasury bills?As President Joe Biden and House Speaker Kevin McCarthy prepare to meet Monday afternoon over the debt-ceiling standoff, it’s really getting to be crunch time. “We need to…
Read more Debt-ceiling talks: As Biden and McCarthy plan to meet today, analysts say deal is needed by FridayWASHINGTON — President Joe Biden will meet in person Monday with House Speaker Kevin McCarthy about averting an economy-wrecking federal default, and the Republican leader expressed cautious optimism about…
Read more Biden, McCarthy to meet in person Monday after ‘productive’ debt-ceiling talkPresident Joe Biden on Sunday called for Republicans to agree to compromises in debt-ceiling negotiations, as he wrapped up a visit to Japan for a G-7 summit and…
Read more Biden says in Hiroshima press conference that Republicans must ‘move from their extreme positions’ on debt limitPresident Joe Biden on Sunday called for Republicans to agree to compromises in debt-ceiling negotiations, as he wrapped up a visit to Japan for a G-7 summit and…
Read more Biden says in Hiroshima press conference that Republicans must ‘move from their extreme positions’ on debt limitHouse Speaker Kevin McCarthy on Tuesday said he “didn’t see any new movement” toward ending Washington’s standoff over the debt ceiling, as he assessed how a much-anticipated meeting…
Read more Biden describes debt-ceiling meeting as ‘productive,’ but McCarthy says he ‘didn’t see any new movement’As President Joe Biden prepares to host a much-anticipated meeting on the U.S. debt ceiling with the country’s four top lawmakers, analysts are predicting there won’t be a…
Read more Debt-ceiling deal not looking likely yet as Biden meets with McCarthy and other lawmakersThere’s a very real possibility the government will stop issuing Social Security payments after the debt limit is hit. Scary as that prospect is, however, the alternative might…
Read more The government may stop issuing Social Security payments after the debt limit is hit — here’s why
