OASI Trust Fund
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Business
A 40% Payroll Tax Hike Looms if Congress Ignores Social Security
Patching the finances of Social Security entirely through higher payroll taxes would require pushing the combined rate to 17.3% by…
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Business
Social Security’s 2032 Deadline Puts Tax Caps and a $1.5 Trillion Fund on the Table
WASHINGTON — Created in 1935 under President Franklin D. Roosevelt, Social Security operated for decades on a cash-flow basis. Four…
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Business
Retirement Crisis Deepens as Americans Work Longer and Save Less
Four out of five Americans now believe the United States is facing a full-blown retirement crisis, up from 67% in…
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