“Distributional Effects of H.R. 1, the One Big Beautiful Bill Act” CBO and the staff of the Joint Committee on Taxation (JCT) analysis of the budgetary and distributional effects of H.R. 1 or the “One Beautiful Piece of ? as passed on May 22, 2025. CBO estimates, on average, household resources would increase over the […]

Musk has lost his shine with Trump so he has been sidelined. Instead, Musk has become critical of Trump and what he is doing. In this case Musk is calling Trump’s latest “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. […]

Briefly, a fast read . . . Trumps extension of the 2017 Tax Cuts and Jobs Act (TCJA) is a $3.8 trillion extension of it which will mostly benefit the wealthy and corporations. Professor Heather at “Letters from an American” (to which I subscribe) had this to say yesterday about the extension current being passed […]

Gee, “Whata Surprise” . . . There is no overwhelming Social Security Scandal or Fraud. A newly reported document shows that “anti-fraud checks” implemented at the Social Security agency found virtually no improper benefit claims. This find, while slowing payments substantially. ‘A Huge Scandal’: Internal Doc Exposes Trump-Musk Hunt for Social Security Fraud as a […]

Sen. Sheldon Whitehouse (D-R.I.) and Rep. Brendan Boyle (D-Pa.) re-introduced a bicameral bill, “The Medicare and Social Security Fair Share Act.” The aim of the bill is to require taxpayers with yearly incomes of more than $400,000 to contribute a fairer share of their income to the two programs. This is the opposite of what […]

Republicans chose the worse alternative for strengthening Social Security. Instead Bisignano will be implementer of Social Security’s demise. Democrats need t really step back and do whatever is necessary to block this appointment. More recently than the April 14 commentary by Nancy Altman is this later article on Social Security. Although Trump says nothing will […]

“Nancy Altman testifies in Congress on the importance of strengthening Social Security,” JustCare, April 16, 2024 Not exactly the person one might want to protect Social Security as it is today. Nancy Altman has suggested . . . The right way is to require millionaires and billionaires to pay their fair share. If they contributed […]

What happens if you are not an immigrant? Social Security changes has hit upon ordinary citizens also. This is a brief piece article about one citizen whose Social Security status was changed arbitrarily. Joyce Evans received an alarming letter two days before Christmas 2023. (“Family sues Social Security after mom spent dying days fighting error, […]

Elon Musk wants to make seniors on Social Security suffer Smears, Sadism, and Social Security, Paul Krugman We often think of Social Security as a retirement program, which it is. Most Social Security beneficiaries achieve that status simply by reaching retirement age. The program also helps Americans with disabilities preventing them from working or limit […]

It always comes up! People could have greater savings if the funds were invested on Wall Street entities, etc. This can be true. It comes to mind though; can you afford to lose it? Will someone replace it for you if it is lost? No one will replace it for you if it is lost. […]