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  • Social Security's catch-22 is bad news for retirees

    03/09/2020 9:49:19 AM PDT · by where's_the_Outrage? · 105 replies
    The Motley Fool ^ | March 7, 2020 | Sean Williams
    As you may have heard, our nation's most successful social program is in a bit of a bind. Every year since 1982, the Social Security program has generated a net cash surplus. By bringing in more revenue than is paid out in benefits each year, the program has been able to build up a $2.9 trillion reserve. However, according to the 2019 report from the Social Security Board of Trustees, the program is about to hit an unwanted inflection point. You see, more than a half-dozen ongoing demographic changes are expected to result in Social Security expending more than it...
  • Sen. Corker puts Hold on Porklus vote

    02/13/2009 4:18:09 AM PST · by pabianice · 76 replies · 3,874+ views
    CNN | 2/13/09
    Per the crawl this morning on CNN, Sen. Corker has put a Hold on Porkuls, stating that he wants a chance to read it before voting. Bill has reportedly swollen from 800 to 1,500 pages as Dems keep putting-back everything the Senate removed. Saw crawl as I was watching news about the ColganAir crash at 5:00AM.