Social Security
  • Where the Democratic Candidates Stand on Social Security

    By Michael Rainey

    With Bernie Sanders and Joe Biden clashing over their plans for the program, Social Security has become a flashpoint for the Democratic presidential candidates as we head toward the Iowa caucuses...

  • How to Raise More Than $1 Trillion for Social Security

    By Michael Rainey

    One of the more popular ideas for improving the finances of the Social Security system is to raise the maximum level of income that is exposed to FICA (Federal Insurance Contribution Act) taxes...

  • A homeless woman sits on a bench few blocks away from the White House in downtown Washington

    Chart of the Day: Record Low Poverty Rate

    By Michael Rainey

    The extensive array of government assistance programs — including Social Security, unemployment insurance, veterans’ benefits, nutritional aid, rental assistance and the Earned Income Tax Credit —...

  • Social Security and Medicare taxes

    Democrat's New Taxes Wouldn't Hit Just Billionaires

    By Michael Rainey

    Some Democratic tax proposals are focused on making millionaires and billionaires pay more, but other households would be affected as well. Neil Irwin of The New York Times points out Tuesday that...

  • Former Republican presidential candidate Mitt Romney gestures as he speaks at the Republican National Committee Winter Meeting in San Diego, California January 16, 2015.  REUTERS/Mike Blake

    How Mitt Romney Wants to Save Social Security and Other Trust Funds

    By Michael Rainey

    A bipartisan group of lawmakers led by Utah Republican Sen. Mitt Romney introduced legislation Tuesday that would create new congressional committees focused on the fiscal health of federal trust...

  • Anxious and Suspicious, Citizens in Wealthy Countries Want Stronger Safety Nets

    By Michael Rainey

    People living in some of the wealthiest countries in the world are worried about their economic futures and don’t trust government programs to provide much help if and when they need it, according to...

  • What Americans Want to Do with Money Raised by Taxing the Rich

    Voters support higher taxes on the rich. But what do they want done with the revenue those taxes would raise? A new Morning Consult-Politico poll asked about a range of options. First, we should note...

  • <strong>I will spend less money once I'm retired.</strong><br/><br/>Many retirees find they end up spending more money in the first years after they leave their jobs, because they finally have the time to start raising orchids or take that trip to Europe.

    How Old Is Old?

    By Michael Rainey

    The average age of the U.S. population is rising as the baby boomers sail into their golden years, but a statistically older population may not be as problematic as some experts think. According to a...

  • Boats are seen anchored at the 17th century Nyhavn district, home to many shops and restaurants in Copenhagen

    Chart of the Day: High Tax, High Service

    By Michael Rainey

    Can the U.S. afford to dramatically increase public spending on a whole host of new programs, potentially including Medicare for All, expanded Social Security and a massive Green New Deal? That...

  • House Democrats Introduce Bill to Expand Social Security

    By Michael Rainey

    Backed by more than 200 House Democrats, Reps. John Larson (D-CT), Conor Lamb (D-PA) and Jahana Hayes (D-CT) introduced a bill Wednesday that would increase Social Security benefits. The bill would...