Advocates for retirement safety warned that a potential second Trump presidency might weaken the Social Security program.
The future of the Social Security program depends on the person Americans elect as their next president in November, groups supporting financial safety for retirees in the U.S. told Newsweek.
''President Joe Biden's latest budget calls for strengthening the Social Security Trust Fund, including making the wealthiest Americans pay their fair share into the system and increasing benefits for those who need it the most.'On the other hand, Republican presidential nominee Donald Trump recently said 'there is a lot you can do...in terms of cutting' Social Security and Medicare and is reportedly seeking to defund Social Security by cutting its dedicated revenue.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retired Americans with student loan debt risk garnishment of Social Security benefitsDemocrat lawmakers want the Biden Administration to end the practice of Social Security garnishment to pay off outstanding student loan debt that impacts millions of older Americans.
Read more »
Donald Trump Poses a Unique Threat To Truth Social, Says Truth SocialA new SEC filing details all the ways that Trump Media thinks Donald Trump himself could be a major risk to the company.
Read more »
Free autism awareness training offered to Long Island first respondersThe seminar is led by retired firefighter Bill Cannata and retired police officer Jimmy Donohoe.
Read more »
Financial security is about time, not money, says self-made millionaire who retired at 35Steve Adcock says he first felt financially secure when he had saved up enough to retire from his corporate job in 2016.
Read more »
Financial Security is a Matter of Time, Not Money, Says Retired MillionaireA recent survey conducted by CNBC International reveals how people in different countries think about their finances. According to the survey, financial security is not about the amount of income, but rather the amount of time. The survey also features the story of a 42-year-old man who retired at the age of 35 with around $900,000 and achieved financial security through investments.
Read more »
Marjorie Taylor Greene won’t say what happened to her Trump Media stockTrump Media is the parent company of the former president's social media app, Truth Social.
Read more »