Politics and Government Politics and Government
Thu, December 19, 2024
[ Thu, Dec 19th 2024 ] - Detroit News
$1B in disaster aid for Michigan at risk in federal government funding deal
[ Thu, Dec 19th 2024 ] - The Courier-Journal
If the federal government shut down, how many workers in Kentucky would be affected?
[ Thu, Dec 19th 2024 ] - MSN
Why Trump wants Congress to abolish the debt ceiling
[ Thu, Dec 19th 2024 ] - The New York Times
Adams Hosts Fox News at City Hall, as N.Y. Leaders Mute Trump Hostility
[ Thu, Dec 19th 2024 ] - MSN
Elon Musk Throws Tantrum, Ordering Congress to Shut Down Government
[ Thu, Dec 19th 2024 ] - Austin American-Statesman
Will there be a government shutdown? Live updates on the latest from Congress
[ Thu, Dec 19th 2024 ] - CBS News
How Trump and Elon Musk derailed bipartisan plans for a funding bill, bringing on risk of shutdown
[ Thu, Dec 19th 2024 ] - MSN
President Musk? The DOGE leader's government shut .. wn push shows how he'll wield power in Washington
[ Thu, Dec 19th 2024 ] - MSN
Trump, Musk Throw Congress Into Chaos With Shutdown Looming
[ Thu, Dec 19th 2024 ] - THE WEEK
Trump, Musk sink spending bill, teeing up shutdown
[ Thu, Dec 19th 2024 ] - Business Insider
Musk's DOGE is pushing the US toward a government .. this week. Here's what that means for Americans.
[ Thu, Dec 19th 2024 ] - USA Today
Would a government shutdown affect mail delivery? What to know
[ Thu, Dec 19th 2024 ] - MSN
Elon Musk, Vivek Ramaswamy want Congress to reject deal that would prevent government shutdown
[ Thu, Dec 19th 2024 ] - St. Louis Post-Dispatch
St. Louis native Jasmine Crockett, fiery and focused, wants fellow Democrats ready to rumble
[ Thu, Dec 19th 2024 ] - MSN
Explainer-What is a government shutdown and what is the debt ceiling?
[ Thu, Dec 19th 2024 ] - clickondetroit.com
Closures, Social Security checks, furloughs: What a government shutdown might mean
[ Thu, Dec 19th 2024 ] - MSN
What Do People Mean by "President Musk and Vice President Trump"?
[ Thu, Dec 19th 2024 ] - MSN
Arizona governor calls for state to stop collecting and reporting abortion data
[ Thu, Dec 19th 2024 ] - MSN
London politics LIVE: Keir Starmer faces first grilling from powerful Liaison Committee
[ Thu, Dec 19th 2024 ] - MSN
Putin Year-End Speech LIVE | Putin Faces Explosiv .. Questions on War, Oreshnik, NATO, Trump and More
[ Thu, Dec 19th 2024 ] - MSN
Elon Musk's government shutdown? Here's what it means for TSA, IPOs and Social Security.
[ Thu, Dec 19th 2024 ] - ABC
Potential government shutdown impacts: Millions of federal workers at risk of furlough
[ Thu, Dec 19th 2024 ] - Farmers Weekly
FW Survey 2024: Politics and weather weigh heavy on the sector
[ Thu, Dec 19th 2024 ] - FOX59 News
Where's Biden? Lame-duck president slammed for 'q .. et quitting' amid major government funding battle
[ Thu, Dec 19th 2024 ] - MSN
'It'll be a Biden shutdown': Trump tries to shift blame ahead of a potential disaster
[ Thu, Dec 19th 2024 ] - MSN
Putin admits Russian inflation is an 'alarming signal' and the economy is 'overheating'
[ Thu, Dec 19th 2024 ] - MSN
Here's what's in the spending bill that's drawing the ire of Elon Musk, Vivek Ramaswamy
[ Thu, Dec 19th 2024 ] - MSN
President-elect Trump's government shutdown demands throw Congress into chaos
[ Thu, Dec 19th 2024 ] - RealClearPolitics
Stephen Miller to Congressional Republicans: Why .. Giving Trump The Best Possible Chance At Success?
[ Thu, Dec 19th 2024 ] - FOX31 Denver
Millions of people may get expanded Social Securi .. y benefits. Who are they and how would it happen?

Millions of people may get expanded Social Security benefits. Who are they and how would it happen?


Published on 2024-12-19 12:21:14 - FOX31 Denver
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  • Nearly 3 million people could receive a boost in Social Security payments under legislation set for a final Senate vote in the coming days. The Social Security Fairness Act would

The article discusses a potential expansion of Social Security benefits that could affect millions of Americans. This expansion is part of a broader legislative effort to address the program's funding issues and ensure its sustainability. Key points include:

  • Supplemental Security Income (SSI): There's a proposal to increase the asset limits for SSI, which haven't been updated since 1989. Currently, individuals can have no more than $2,000 in assets, and couples $3,000. Raising these limits would allow beneficiaries to save more without losing eligibility.

  • Cost-of-Living Adjustments (COLA): There's a push to change how COLA is calculated to better reflect the actual costs seniors face, particularly in healthcare, which could lead to higher annual increases in benefits.

  • Minimum Benefit: Proposals include establishing a minimum benefit level to ensure that low-income workers receive a more adequate retirement income.

  • Taxation: Discussions involve increasing the income cap on which Social Security taxes are applied, potentially from $142,800 to a higher amount or even removing the cap entirely, which would increase revenue for the program.

  • Beneficiaries: The changes would primarily benefit low-income seniors, disabled individuals, and those who have worked in low-wage jobs throughout their careers.

    These changes aim to make Social Security more equitable and financially secure for future generations, although they require Congressional approval and face various political and economic challenges.

    Read the Full FOX31 Denver Article at:
    [ https://kdvr.com/news/politics/ap-politics/ap-millions-of-people-may-get-expanded-social-security-benefits-who-are-they-and-how-would-it-happen/ ]
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