Bernie Sanders calls White House allegations of Social Security fraud and waste ‘a prelude not only to cutting benefits, but to privatizing.’ How outsourced Social Security might work
Could misinformation about Social Security be paving the way for privatization? That’s how Bernie Sanders sees it. Sen. Bernie Sanders of Vermont told CNN that lying about Social Security “is a prelude not only to cutting benefits, but to privatizing Social Security itself.” By making the system appear dysfunctional, then “why would anybody want to […]
Is $1.5 million the new ‘magic number’ for retirement savings in the US? Here are the top 4 best and worst states for making it last
Americans now believe they’ll need more money to retire comfortably than they did even a few years ago. The “magic number” for retirement savings has grown by more than 50% since 2020 to roughly $1.5 million, according to Northwestern Mutual’s Planning & Progress Study 2024. But, according to a recent analysis, how much you’ll need […]
Air travel between the US and Canada is set to plunge 75% and domestic tourism has also slowed — how to plan your trips as Trump’s policies hit travel demand
Many Canadians have decided not to travel in the U.S. as a trade war continues. Forward bookings for flights between Canada and the U.S. in coming months have plunged by as much as 75% compared with the same period in 2024, according to OAG, a global travel data provider. In February, the number of Canadians […]
‘It’s been truly surreal’: Seattle man has benefits clawed back after Social Security declares him dead
While Elon Musk has claimed that millions of dead people are fraudulently receiving Social Security benefits — an assertion that has been debunked by experts — one Seattle man experienced the opposite problem. “You wake up one day and discover you’re dead,” Ned Johnson told The Seattle Times in an article published March 15. “It’s […]
Nearly 800,000 Oklahomans stressing over proposed Social Security cuts — as insiders warn of ‘system collapse’ within next 30 to 90 days. What to know about protecting your nest egg
About 800,000 Oklahomans depend on Social Security — and they’re wondering how proposed Security Social cuts could impact their retirement. “Oklahomans want to hear and make sure that Social Security is protected and saved, not only for them, but their children, grandchildren,” Sean Voskuhl, AARP Oklahoma state director, told Oklahoma’s News 4. “More than 22% […]
Trump wants to ‘abolish’ the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class American? “Donald Trump announced the External Revenue Service, and his goal is very simple: to abolish the Internal Revenue Service and let all the outsiders pay,” U.S. Commerce Secretary Howard Lutnick told Fox News on […]