Tag: Social Security
Act Now or Pay Later: The Looming Social Security Crisis and America’s Debt Reckoning
Congress is playing a dangerous game of chicken with Social Security, and the clock is ticking. In less than a decade, the program’s trust fund is set to reach insolvency, triggering automatic 21% benefit cuts for millions of Americans by 2033. This isn’t speculation—it’s already written into law. The real question isn’t if it will happen, but which political party will shoulder the blame.
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Senate panel gives thumbs up to Maryland’s O’Malley as next Social Security commissioner
The Senate Finance Committee voted 17-10 Tuesday to advance to the full Senate the nomination of former Maryland Gov. Martin O’Malley to be the next commissioner of the Social Security Administration.
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Maryland’s O’Malley, Biden’s nominee to head Social Security, gets friendly Senate reception
Former Maryland Gov. Martin O’Malley told senators Thursday that if he is confirmed as the new commissioner of the Social Security Administration, he would focus on improving service and boosting the morale of the sprawling agency.
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