Politicians Need To Stop Pretending the National Debt Is Sustainable
The reality raises questions about the kind of future we want to leave for the next generation.
Retirement Benefits
Social Security and Medicare Are Ticking Time Bombs
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
The Two Faces of Ron DeSantis
Sometimes he calls for freedom, and sometimes he preaches something darker.
3 Reasons To Abolish Social Security Now!
The old-age entitlement is unsustainable, unfair, and unnecessary. Replace it with something that helps the needy of any age.
Social Security Is on the Brink of Collapse. The GOP Won't Touch It.
In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
Congress Can Reduce the Deficit by $7.7 Trillion in 10 Years
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
Republicans Need an Actual Plan To Grow the Economy
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
The Disappearing Differences Between Republicans and Democrats on Federal Family Spending
Many conservatives no longer appear to care much for fiscal conservatism.
The Former Cop Who Killed George Floyd Will Get $50K Annual Pension Even if Convicted of Murder
The family of George Floyd probably won't be able to successfully sue Derek Chauvin in civil court because of qualified immunity, but they will help pay for the killer cop's retirement.
Social Security Will Be Insolvent Even Sooner Than Expected, Thanks to COVID-19 Pandemic
A new report from the Social Security Administration expects the program to hit insolvency by 2035. Some experts say it could happen as soon as 2028 if there is a serious recession.
UPDATE: Congressional Republicans (and Maybe Donald Trump Too) Could Be Coming For Your 401(k)
Tax reform will change how Americans save for retirement, but lowering a tax deduction for 401(k) savings would be a fiscal and political misstep.
Why Obama's Social Security Proposal Would Screw Over Millennials
Expanding a retirement program that's not fiscally solvent is no way to treat the young.
California's New Retirement Plan for Private Sector Workers Is a Stunning Display of Hypocrisy
If the program is so good, shouldn't government workers be included, too?
Bill Would Revoke Pensions for Massachusetts Teachers Convicted on Child Porn Charges
As it stands, convicted child pornographers in the Bay State can still retire on the state's dime.
Why the Stockton California Bankruptcy Ruling Can't Stop Public Sector Pension Reform
A federal judge approved Stockton's bankruptcy exit plan which punts on pension debt. But other cities are free to tackle the problem, and they must.
Who Is This Myra Lady and Why Does She Want My Money?
President Obama proposes a federally managed retirement program.
Poll: More Americans Accept Working During Retirement Age
82 percent over 50 expect to keep working
Poll: Many Working Americans Over 50 Think it's Likely They'll Work For Pay in Retirement
Financial crisis not helping
Boomers' Retirement Confidence Drops
28 percent of Americans have no confidence they have enough money
Rent Your Own Golf Carts: Florida May End Pensions for New Public Employees
A legislative push may create a 401(k)-style program instead
Boomers May Be Better Prepared for Retirement Than Feared
There's hope for America's worst generation
How on Earth Is a 401(k) a Government Subsidy?
A journalist proposes taxing the money people set aside for savings and then forcing them to save money via the government instead
California Deals with State Pension Crisis by Expanding it to Private Employees
Opponents worry it will be used to prop up ailing state employees' programs
Post Office Reports $5.2 billion in Third Quarter Losses
Blame laid on actually having to fund retiree benefits in advance rather than hiding them.
Boomers Starting to Realize Retirement Party Is Premature
28 percent of the over-50 workers expect to have to keep earning a paycheck forever.