The Social Security Administration announced Thursday that benefits will increase 3.2% in 2024 for the country’s over 70 million recipients.
This will result in the average monthly check for a retired worker to rise to $1,907. That’s up $59 from $1,827 this year, according to Forbes.
Read More
Declaring that it’s time for Washington to start working for Americans and not the other way around, GOP presidential candidate Nikki Haley laid out her economic “Freedom Plan in a speech Friday in New Hampshire.
The former South Carolina governor and United Nations ambassador is proposing a litany of middle-class tax cuts, regulatory relief and “third rail” entitlement reforms in a proposal she asserts will check communist China aggression through American prosperity.
Read More
In Armageddon, Bruce Willis blows himself up on an asteroid to save his daughter and all of humanity. (Sorry for the spoiler, but the movie is 25 years old.) That theme—parents providing for, and sacrificing for, their children—is the deeply moral and moving story that Americans used to love.
I say “used to,” because something troubling has happened. We now accept that young people should be worse off for a lifetime in order to benefit those who have already lived full, comfortable lives. We saw this during COVID-19, when an elderly leadership class locked children out of classrooms, playgrounds, friendships, and sports, and wiped out jobs, training, and mentorship for young workers.
Read More
Gross interest owed on the $31.4 trillion national debt — that is, interest owed on both the $24.9 trillion publicly traded debt and the $6.7 trillion debt in the Social Security, Medicare and other trust funds — will reach a gargantuan $1 trillion in 2024 for the first time in American history, according to the latest data gathered by the White House Office of Management and budget.
To put that into perspective, that is more than is spent on national defense related spending, currently $814 billion.
Read More
Former President Donald Trump took to Truth Social Monday to fire another round at GOP rival and Florida Governor Ron DeSantis, asserting that fellow GOP presidential candidate Vivek Ramaswamy will overtake “Ron DeSanctimonious” in the polls.
Read More
U.S. Sen. Chuck Grassley (R-IA) on Thursday grilled Treasury Secretary Janet Yellen on whether she still believes inflation is a positive for Americans and the economy.
During the Senate Finance Committee hearing on President Joe Biden’s $6.9 trillion budget proposal, Grassley also asked Yellen whether her boss has it in him to rise about politics and lead on shoring up a troubled Social Security system headed down the road to insolvency.
Read More
Florida Governor Ron DeSantis may still be mulling over a run for president, but the Republican looked and sounded every bit a contender for the GOP presidential nomination Friday evening in the first-in-the-nation caucus state.
Read More
In her latest swing through Iowa, Republican presidential candidate Nikki Haley took aim at the nation’s financially troubled safety nets for seniors, telling Council Bluff Republicans it’s time to change the retirement age and check Social Security and Medicare benefits for wealthier Americans. If the former South Carolina governor was sending out a trial balloon to see how reform ideas would fly in the first-in-the-nation caucus state, it seems said balloon may have hit the third rail.
Read More
Congresswoman Marjorie Taylor Greene wasn’t alone Tuesday night in openly arguing President Biden in his State of the Union address misstated House Republicans’ position on the future of Medicare and Social Security.
“I think, because he lied, it was a frustration,” Kentucky GOP Rep. Thomas Massie told Just the News after Biden’s roughly 72-minute address.
Read More