That’s part of the plan too. Back in 1981, Reagan proposed major cuts to Social Security. But he largely abandoned his plans after a sharp backlash. This led the libertarians at the Cato Institute to ...

Bessent was more right the first time, only I would suggest tackling Social Security head on. If done right, private ...

Specifically, opposition to Social Security privatization has been an important part of the AARP's advocacy. The AARP’s ...

Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a ...

The pushback was so fierce that Bessent backpeddled immediately, both on cable news and social media. The Trump Accounts, he ...

Explore the power of social connections with AARP Staying Sharp Help Register Login Login Hi, %{firstName}% Hi, %{firstName}% ...

The Treasury secretary has a really strange way of convincing people it’s “ridiculous” to think the program is under threat.

Treasury Secretary Scott Bessent is facing heavy backlash from Democrats over a Wednesday remark in which he talked about “a ...

The Treasury Secretary has described new savings account for young Americans as a "backdoor for privatizing Social Security." ...

The GOP’s “big, beautiful bill,” as the law is called, created a new children’s savings program, Trump Accounts, which can be ...