Social Security, President Trump

As Social Security plans to cut about 7,000 workers, some experts worry that may affect benefits
The Social Security Administration has announced new efforts to bring down costs. Plans to cut staff have prompted concerns from some experts.
The Sad Reality of President Trump's Social Security Plan
As of 2022, the median retirement savings balance among Americans aged 65 to 74 was just $200,000, per the Federal Reserve. Given that statistic, it’s easy to see why so many retirees wind up reliant on Social Security.
President Trump's Potential Changes for Social Security So Far: 3 Things You Should Know
Social Security has long been in a fraught position. The program will need to reduce benefits in 10 years if Congress doesn't make changes to shore up its finances. Although it's still early, let's take a look three things President Trump has discussed that would affect Social Security.
President Trump's Social Security changes so far: 4 things you should know
During his presidential campaign, Donald Trump promised to end federal taxation of Social Security retirement benefits.
President Trump Promised a Big Change to Social Security. Here’s Where it Stands
Key Points As part of his campaign, Trump pledged to get rid of taxes on Social Security benefits. Eliminating those taxes takes critical revenue away from the program. Social Security is at risk of cuts as it is,
Trump 2nd term live updates: Social Security says it plans to cut 7,000 jobs
The Social Security Administration says it plans to cut 7,000 jobs and reduce the number of its regional offices from 10 to four as part of President Donald Trump's efforts to red
Former Social Security Commissioner Martin O'Malley Says DOGE Cuts Could Interrupt Benefits
Donald Trump's purge of the federal workforce could cause a system failure at the Social Security Administration, the ...
Former Social Security Chief Warns Musk’s Meddling Could Lead To ‘System Collapse’
Martin O’Malley, f Administration commissioner, says Donald Trump and Elon Musk’s cuts could mean “an interruption of benefits.” ...
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Ex-Social Security leader sounds alarm: DOGE staff cuts will lead to ‘total collapse’ of systems
“This is going to lead to total system collapse,” O’Malley told The Baltimore Sun. “It’s a very old, fragile computer system ...
Social Security payments could suffer interruption soon as DOGE causes ‘system collapse,’ former commissioner warns—‘start saving now’
Ultimately, you’re going to see the system collapse and an interruption of benefits. I believe you will see that within the ...
Social Security Administration aims to cut about 7,000 jobs, prompting fears of customer service impact
Calling its workforce “bloated,” the Social Security Administration announced Friday plans to slash about 7,000 jobs, or ...
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Did Trump get rid of taxes on tips, overtime? What to know now
While the resolution has opened doors for lawmakers to act on campaign promises to end taxes on tips, overtime wages and Social Security benefits, there is actually, no policy or bill in this ...
Social Security workers axed, new Musk email coming. What to know about Trump's layoffs.
Thousands of federal workers are out of a job, and further cuts are expected. Meanwhile, a federal judge has blocked the ...
Social Security Checks of up to $5,108 To Be Paid Out This Week
Some Social Security beneficiaries will be getting their payments directly into their bank accounts on Monday. Social Security benefits provide essential income for approximately 72 million Americans.