News Headline

Lawmakers Seeking Consensus On Social Security Overhaul

OurFuture.org Staff — Wed, 06 May 2009 07:34:09 -0700

Key lawmakers from both parties have held tentative talks about overhauling the Social Security system, and Congress could turn its attention to the federal retirement program as soon as this fall if a bipartisan consensus emerges, House Majority Leader Steny H. Hoyer said. So far, Democrats have found a willing partner in the Senate, where Sen. Lindsey O. Graham (R-S.C.) has stated his desire to work with President Obama to make changes to keep Social Security solvent. Projections show that the system, which has brought in more money than it pays out, will begin to need at least small infusions of cash from the rest of the government within the next decade without changes to the benefit structure.

U.S. Spat with Venezuela Grows

OurFuture.org Staff — Sat, 13 Sep 2008 21:36:55 -0700

The United States stopped trying to be polite in an escalating diplomatic shoving match with the populist leaders of Venezuela and Bolivia. Washington slapped new sanctions on three aides close to Venezuelan President Hugo Chavez and called him weak and desperate. The Venezuelan ambassador got the boot for good measure, a move that was purely for show. Chavez had already brought his man home. The rupture began when Bolivian President Evo Morales expelled the U.S. ambassador there, accusing him of inciting violent protests. Chavez followed suit, accusing the "U.S. empire" of helping plot a coup against him. He later gave the American ambassador 72 hours to quit the country.

Treasury Rekindles Social Security Debate

Alexandra Walker — Fri, 21 Dec 2007 11:32:22 -0800

The Bush administration stepped up its attempt to build support for restructuring Social Security, saying in a Treasury Department report that the popular program will require either tax increases or cuts in benefits to remain viable in its current form.

HSBC Releases Global Survey on the Future of Retirement

Chris Collins — Mon, 10 Dec 2007 12:53:28 -0800

A majority in the survey accept responsibility for providing for their own retirement, but they also say government has an obligation to help.

Some Wait Years for Social Security Disability Payments They're Eligible to Receive

Toby Chaudhuri — Wed, 07 Nov 2007 07:41:02 -0800

Administration Puts Social Security Back On Political Agenda

Terrance Heath — Tue, 25 Sep 2007 06:40:57 -0700

Good news for Social Security, Medicare

Roger Hickey — Mon, 23 Apr 2007 12:11:32 -0700

The trust funds for Social Security and Medicare will last a year longer than previously estimated, trustees said. That means 2041 for the Social Security trust fund to be exhausted and 2019 for Medicare.

Bush Opposition To Tax Increases Biggest Obstacle To Social Security Deal

Alexandra Walker — Tue, 30 Jan 2007 06:38:23 -0800

Anatomy of a Victory

Bill Scher — Wed, 30 Nov 2005 21:00:00 -0800

A remarkable progressive mobilization caused the 2005 defeat of the Social Security privatization effort—and progressives can learn much from the anatomy of that victory.

Social Security Legislation Could Be Shelved

Alexandra Walker — Thu, 15 Sep 2005 21:00:00 -0700