Social Security
  • Democratic 2020 U.S. presidential candidate and former U.S. Vice President Joe Biden speaks during a campaign event in Ames, Iowa

    Sanders and Biden Clash Over Social Security

    With less than two weeks to go before the Iowa caucuses, Social Security has emerged as a major point of contention in the Democratic presidential primary. The fight: Sen. Bernie Sanders recently...

  • Where the Democratic Candidates Stand on Social Security

    By Michael Rainey

    With Bernie Sanders and Joe Biden clashing over their plans for the program, Social Security has become a flashpoint for the Democratic presidential candidates as we head toward the Iowa caucuses...

  • How to Raise More Than $1 Trillion for Social Security

    By Michael Rainey

    One of the more popular ideas for improving the finances of the Social Security system is to raise the maximum level of income that is exposed to FICA (Federal Insurance Contribution Act) taxes...

  • A homeless woman sits on a bench few blocks away from the White House in downtown Washington

    Chart of the Day: Record Low Poverty Rate

    By Michael Rainey

    The extensive array of government assistance programs — including Social Security, unemployment insurance, veterans’ benefits, nutritional aid, rental assistance and the Earned Income Tax Credit —...

  • Social Security and Medicare taxes

    Democrat's New Taxes Wouldn't Hit Just Billionaires

    By Michael Rainey

    Some Democratic tax proposals are focused on making millionaires and billionaires pay more, but other households would be affected as well. Neil Irwin of The New York Times points out Tuesday that...

  • U.S. Social Security card designs over the past several decades

    Trump Says He Made Social Security, Medicare Stronger. Fact-Checker Says False.

    By The Fiscal Times Staff

    President Trump said this week that "Democrats want to destroy Medicare. If you look at what they’re doing, they’re going to destroy Medicare. And we will save it. We will keep it going. We’re making...

  • Happy Birthday, Social Security!

    By Michael Rainey

    President Franklin D. Roosevelt signed the Social Security Act into law 83 years ago today, August 14, 1935. Here are some key facts about the program, courtesy of the Center on Budget and Policy...

  • A red traffic light stands in front of the U.S. Capitol building in Washington

    The Deficit Is Up 20% This Year

    By The Fiscal Times Staff

    The federal deficit was 20 percent larger in the first 10 months of fiscal year 2018 than it was during the same time last year, the Congressional Budget Office announced Wednesday. Revenues rose 1...

  • The entrance and logo of a Social Security Office in Pasadena

    Chart of the Day: Americans Using Government Programs

    The federal welfare program called Temporary Assistance for Needy Families delivers cash aid to about 2.5 million people, or less than 1 percent of the U.S. population — “far smaller than the share...

  • A Growing Problem for Seniors: Bankruptcy

    The New York Times reports on new research that suggests a growing problem for seniors: “The rate of people 65 and older filing for bankruptcy is three times what it was in 1991, the study found, and...