Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Social Security: Overpayment process changes underway after billions mismanaged
The Social Security Administration is reviewing its overpayment process after mispayment of billions worth of benefits that people must now pay back.
Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Financial guru says living paycheck to paycheck is ‘relatable’ because so many Americans are dealing with it
“Financial Planning Made Personal" author Larry Sprung explains why many people rallied behind House Speaker Mike Johnson following harsh report about his personal finances.
Social Security income is central to growing number of retirement plans: survey
One in five adults aged 50 or older said they have no source of retirement income besides Social Security, up from 13% in 2014, a recent Nationwide survey said.
Social Security benefits to receive 3.2% pay bump next year: See how much money you could receive
The Social Security Administration announced that beneficiaries will receive a 3.2% pay bump in 2024 in order to offset the costs of still-high inflation.
Biden admin eases energy sanctions on Venezuela in potential blow to domestic producers: report
The Biden administration is moving to lift energy sanctions implemented by the Trump administration on Venezuela in exchange for freer elections.
Seniors get slight boost for 2024 Social Security checks
The new 2024 Social Security COLA Announcement will give seniors a slight boost to their monthly benefit checks. Some seniors say, it's still not enough to survive on.
Social Security recipients to receive 3.2% COLA increase in 2024
The Social Security Administration on Thursday announced the cost-of-living adjustment for 2024 as retirees continue to confront unusually high inflation.
McCarthy's ouster as speaker fuels uncertainty as renewed shutdown threat looms
Eight Republicans led by Rep. Matt Gaetz, R-Fla., joined with Democrats to remove Rep. Kevin McCarthy, R-Calif., as speaker of the House in a historic first that creates a leadership void in the chamber.
Fear over Social Security's future pushes Americans to claim benefits early: survey
Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.
House passes spending bills to fund federal agencies, provide aid to Ukraine as government shutdown looms
The House approved multiple appropriations bills to fund the State Department and foreign operations, the Department of Defense and the Department of Homeland Security.
Social Security trust fund on path to insolvency
Social Security's trust funds are projected to be depleted by 2033, at which point retirees would see a significant cut to their benefits if the program isn't reformed.
Republicans threaten to subpoena Ford over project involving Chinese company
Ford Motor Company is facing a congressional subpoena over its partnership with a Chinese battery company to build a factory in southern Michigan.
House CCP chair applauds Ford for pausing China-linked project amid congressional probes
The top Republican of the House Select Committee on the Chinese Communist Party applauded Ford's move to pause construction of a factory in conjunction with a Chinese company.
How a government shutdown could impact your wallet
Federal lawmakers have until September 30 to agree on a budget or risk shutting down the government. Here's how that could impact your wallet.
Gas prices push inflation higher in August
Inflation increased in August on an annual and monthly basis, but economists largely expected the jump. Here's what it means for you.
Federal budget deficit up nearly $600 billion through August: CBO
The Congressional Budget Office reported that the federal budget deficit through August grew by about $600 billion, compared to a year ago, as spending increased and tax revenue declined.
US federal budget deficit projected to double this year
The U.S. federal budget deficit is expected to nearly double this year, growing to $2 trillion as a result of higher interest rates and lower tax revenue.
AOC promotes message calling inflation corporate 'propaganda' to hide 'greedy shareholders'
Rep. Alexandria Ocasio-Cortez, D-N.Y., shared a left-wing account's video on her Instagram Story that called inflation a "propaganda" term.