The CBO said the federal deficit hit $2 trillion in the first 11 months of FY2025, driven by higher Social Security and Medicare costs as well as interest expenses despite tariffs.

"When we're talking about those expenditures, a good chunk of our spending now is interest on the debt," said Dr. Carolyn ...

Social Security Administration (SSA) to serve the growing number of beneficiaries with fewer staff, creating customer service ...

The American workforce is now short 1.2 million workers — the result of the harshest, most aggressive campaign ever waged to ...

A new report from the Congressional Budget Office estimates that the federal budget deficit reached $2 trillion over the past ...

When the dust settled on Capitol Hill and the One Big Beautiful Bill finally passed, most federal benefits emerged unscathed.

Despite presidential proclamations, Social Security’s financial outlook is more troubled than ever. A new report from the Committee for a Responsible Federal Budget (CRFB) warns that as Social ...

On Tuesday, September 9, the Census Bureau will release data on poverty, income, and health insurance coverage for 2024. In ...

For the vast majority of people, the stream of promised retirement checks is worth more than anything else, our columnist ...

The post “Big Beautiful Bill” goes to the Dumpster: GOP now claims it’s a tax cut appeared first on Salon.com.

S&P Global kept its AA+ rating with a stable outlook but noted that tariff revenue helped counterbalance weaker fiscal outcomes. Without this tariff revenue, S&P anticipates the general government ...

Retired workers can significantly raise their Social Security benefit by claiming at age 70 rather than age 62.