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The National Commission on Fiscal Responsibility and Reform (often called Simpson–Bowles or Bowles–Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) was a bipartisan Presidential Commission on deficit reduction, created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability ...
The Social Security debate in the United States encompasses benefits, funding, and other issues. Social Security is a social insurance program officially called "Old-age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. During 2015, total benefits of $897 ...
Passed the Senate on June 27, 2013 (68–32 [1]) The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 (Bill S.744) [2] was a proposed immigration reform bill introduced by Sen. Charles Schumer ( D - NY) in the United States Senate. [3] The bill was co-sponsored by the other seven members of the "Gang of Eight", a ...
The Social Security program seems to face constant changes -- especially lately. A new Social Security reform bill (HR-4583) was recently introduced to the House of Representatives, and could ...
The bill, which rests upon adjusting tax payment requirements for the wealthiest in the U.S., would increase benefits by $2,400 annually and ensure a fully-funded Social Security program for the ...
One of the top priorities on President Joe Biden's domestic agenda is reforming Social Security, which faces an uncertain future amid reports that its cash reserves will be fully depleted by 2034.
1983 - Social Security Amendments of 1983, Pub. L. Tooltip Public Law (United States) 98–21. This document describes the massive 1983 changes affecting the financing of the Social Security system. 1984 - Social Security Disability Benefits Reform Act of 1984, Pub. L. Tooltip Public Law (United States) 98–460
The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...