Fighting for a U.S. federal budget that prioritizes peace, economic security and shared prosperity
Nearly 90% of Americans oppose cuts to Social Security, which covers more than just retirees. Benefits are also paid to those with disabilities and family members of deceased workers. Combined, these groups received about $720 billion during fiscal year 2011.
Last week I explained that the federal government is operating on a temporary spending bill called a continuing resolution instead of a real budget for fiscal 2013. That continuing resolution expires on March 27. If lawmakers don't pass new legislation the federal government will shut down on March 28. Here's what's happening.
When lawmakers struck a fiscal-cliff deal on New Year's Day, they did not make any changes to Medicare or Social Security. But the debate over if and how to reform entitlement programs has only just begun.
One of the major issues not addressed as part of the recent deal on the fiscal cliff is the future of the major entitlement programs – Social Security, Medicare and Medicaid.Entitlements are programs that pay benefits to anyone who applies for them and meets the eligibility requirements for that specific ...
At the last possible moment, Congress came to an agreement to avoid the fiscal cliff. The deal affects tax rates, unemployment benefits, and even the price of milk. Read the details.
People, families, and children in poverty data are up to date through 2011.
Last week I wrote a post called Fiscal Cliff Definition, with a simple explanation of the much-hyped, so-called fiscal cliff. (I also suggested that we call it a "fiscal obstacle course" instead of a cliff, because that's a more appropriate metaphor.) The next important question is: What's going to happen?
You’ve heard the term “fiscal cliff” and you’ve heard about how lawmakers in Washington can’t agree on spending or taxes. But here’s what you may not have heard: The federal budget negotiations happening right now may result in deep cuts to programs that benefit the next generation of Americans.