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The coming year has significant changes in store for Social Security, both for retirees collecting benefits and workers still paying into the program. The Social Security Administration (SSA) won't...
One of the key Biden proposals regarding Social Security is to apply Social Security taxes to those making $400,000 or more. Under this scenario, workers would pay Social Security taxes up to the ...
President Joe Biden has opposed three GOP proposals that he says would weaken Social Security — raising the retirement age, means testing benefits and the so-called sunsetting of the program.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession.
The Individual Ready Reserve ( IRR) is a category of the Ready Reserve of the Reserve Component of the Armed Forces of the United States composed of former active duty or reserve military personnel. Its governing statute is codified at 10 U.S.C. § 10144. For soldiers in the National Guard of the United States, its counterpart is the Inactive ...
Biden has proposed a 4-point plan that would mostly impact high earners who can depend on their retirement savings to get by. The plan includes the following: Tax earned income above $400,000 ...
Passed the Senate on March 8, 2022 ( 79–19) Signed into law by President Joe Biden on April 6, 2022. The Postal Service Reform Act of 2022 is a federal statute intended to address "the finances and operations of the U.S. Postal Service (USPS)", [1] specifically to lift budget requirements imposed on the Service by the Postal Accountability ...
President Joe Biden delivered the State of the Union address on March 7, in a wide-ranging speech in which he addressed what he plans to change -- or not change -- about drug costs and Medicare, as...