CRFB says Trump's plan would lead to a 33% cut in benefits by 2035. Here's how to help secure your retirement no matter what the future of Social Security is.
Those who are unable to work in retirement may be eligible for other government benefits, depending on their income. Supplemental Security Income (SSI) is for the blind and disabled as well as low-income seniors. It provides a monthly check worth up to $967 per month for a qualifying individual or $1,450 per month for a qualifying couple.
One federal employee who voted for Trump twice said they "had hope that he would fulfill his promises." After the payout offer, "that hope disappeared."
Like most elected officials, Donald Trump recognizes that Social Security is vital to the financial well-being of our nation's retirees. But he's not oblivious to the fact that altering Social Security comes with potentially negative ramifications. While speaking at the Conservative Political Action Conference in March 2013, Trump said:
Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.
Democrats are planning to fight President Donald Trump's efforts to pause federal grants and loans. The court battle will likely begin with a lawsuit from the New York attorney general.
Both current and future retirees are counting on their elected officials -- including incoming President Donald Trump -- to strengthen Social Security. With Trump preparing to be sworn in for his ...
Donald Trump wants to abolish income tax, cut corporate taxes, eliminate taxes on tips, overtime, and Social Security benefits, and impose tariffs to boost the US economy.
A federal judge signaled he will issue a temporary restraining order barring the Trump administration from freezing federal loans and grants.
Senate Judiciary Committee Chairman Chuck Grassley (R-IA) joined Ranking Member Dick Durbin (D-IL) on Jan. 28, 2025, in sending the letter to Trump demanding an explanation for summarily terminating the employment of the watchdogs across executive agencies late on Jan. 24.