Deficit Section News Today

Slowly, and simply put, this is a real cut in benefits, as in the actual dollar value youll receive in social security benefits will be less, according to the center for the average worker retiring at 65, means a cut of about $650 every year. by age 75, $1,130 every year by age 85. the presidents proposal were not a real cut in benefits, it would not be a savings to the benefit. the proposal lives within the cutting the deficit section of the budget and comes with a promise of $230 billion in sa...

A real cut in benefits, as in the actual dollar value youll receive in social security benefits will be less, according to the center for the average worker retiring at 65, means a cut of about $650 every year. by age 75, $1,130 every year by age 85. the presidents proposal were not a real cut in benefits, it would not be a savings to the benefit. the proposal lives within the cutting the deficit section of the budget and comes with a promise of $230 billion in savings. this is why the embrace b...