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The cash surplus will peak in 2007, the year before the first members of the 76 million-strong Baby Boom begin to retire and stop paying payroll taxes and start collecting Social Security benefits.
If the spenders of the Social Security surplus were businessmen they would be fired, sued for willful financial malfeasance and most likely go to prison for several years. The federal government ...
Social Security's Surplus Is Running Out -- and 78% of Americans Are Opposed to One Way to Fix That ...
As millions of baby boomers flood Social Security with applications for benefits, the program's $2.7 trillion surplus is starting to look small.
It's hard to plan when you're not sure what's happening next. How President Donald Trump's changes to Social Security are ...
Modern states have the prerogative to extract a major part of the social surplus from economically active citizens and use it for purposes that are supposed to benefit the wider population. With ...
Catholic social teaching is quite radical, compelling Catholics to support state redistribution of wealth, employee ownership, and trade union organizing in service of what it calls the ...
Social Security would be able to pay out only 77% in benefits starting in 2033, according to the new estimates.
Social Security’s Trillion Dollar Surplus An annual "Social Security budget surplus" is created when Social Security receipts exceed the combined cost of providing benefits and administering the ...
Host Barry Anderson and guests discuss the budget surplus and social security tax.
Social Security would be able to pay out only 77% in benefits starting in 2033, according to the new estimates.