Budget Basics: How Does Social Security Work?
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
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Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
The depletion dates for Social Security and Medicare’s Trust Funds are rapidly approaching.
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
https://www.pgpf.org/blog/2024/05/social-security-and-medicare-are-facing-serious-shortfalls
Without reform, the Social Security Trust Funds will soon be depleted and unable to pay full benefits.
This piece examines spending on veterans within the budget and outlines the factors that have pushed it higher in recent years.
https://www.pgpf.org/blog/2024/04/spending-on-veterans-in-the-budget
There are numerous viable options to preserve the retirement system, including Social Security, in a fiscally sustainable way that gives families adequate time to plan and strengthens support for those who need it the most.
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
https://www.pgpf.org/blog/2024/02/what-is-the-national-debt-costing-us
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
There have been a number of proposals to increase, eliminate, or otherwise adjust the payroll tax cap as a way to shore up Social Security’s finances.