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Today’s R&D from Prepd provides resources on Social Security. The program was part of President Franklin Delano Roosevelt’s New Deal in 1935, but is now encountering problems related to a lack of workers for current retirees and questions about whether benefit cuts will have to take place in order to keep the program afloat. The popularity of the program has traditionally thwarted radical attempts to change it, as former President George W. Bush experienced first-hand in 2005. Nevertheless, members of both parties agree that some type of adjustment will have to take place within the program within the next twenty years to make it sustainable.
The link between income inequality and Social Security benefits is growing https://t.co/VYHgXG9GKv pic.twitter.com/Jr2hJseTiw
— Real Time Economics (@WSJecon) April 25, 2016
Why some Social Security benefits are going away soon https://t.co/ChLHfc7Vte @olivialowenberg pic.twitter.com/RtwSOiOAAp
— CS Monitor (@csmonitor) April 24, 2016
It’s time to end Social Security for the rich, recommends @stuartmbutler: https://t.co/FAhew51xWm pic.twitter.com/hnQUkv3YIf
— Brookings (@BrookingsInst) April 16, 2016
Here’s how to make Social Security the retirement program America needs https://t.co/6CBTMxXtyT
— Vox (@voxdotcom) April 19, 2016
HHS & Social Security are fast outpacing Defense as largest federal government agencies… https://t.co/03X5ylC4KJ pic.twitter.com/OidSDb8kgd
— Cato Institute (@CatoInstitute) April 22, 2016
Rich people are living longer. That’s tilting Social Security in their favor. https://t.co/NTo1WPB86e
— The New York Times (@nytimes) April 22, 2016
In 1983-84, 18% paid no income tax. Now, 45% pay no tax—with many receiving credits exceeding Social Security taxes https://t.co/kw98nvSIvt
— Cato Institute (@CatoInstitute) April 25, 2016
A new Social Security rule could change when you decide to start claiming your benefits https://t.co/HTYhdIUaQY pic.twitter.com/CCSkmTH87j
— CNNMoney (@CNNMoney) April 18, 2016
Will Social Security raise my retirement age? Projections show Social Security trust funds will be depleted by 2034 https://t.co/bV5MVS6fZq
— USA TODAY (@USATODAY) April 16, 2016
My God, Forbes runs an article favorable to Social Security (increases) https://t.co/EKYBve9p9I What’s the temperature in Hell right now?
— yourmoneypage (@yourmoneypage) April 15, 2016