Counting on Social Security? Count again! The Republican Study Committee FY 2025 Budget Proposal for 2025, now available online, recommends that the retirement age for Social Security be increased and benefits cut. The Republicans claim it would not affect people presently on Social Security or presently near retirement. This is necessary, they say, because the […]
social security
Posted inLetters
Letter: Support fair Social Security deductions
In response to the May 23 letter to the editor “Taking more from high earners is theft,” I wish to clarify how the “left” feels about how Social Security is taken from workers’ earnings. Currently, 6.2% of earnings are paid into Social Security from our wages, with a capped amount of wages at this time […]
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Posted inLetters
Letter: Ask the wealthy to pay their fair share
In response to the opinion presented by a in a recent letter, (“Taking more from high earners is theft,” May 23), nobody is proposing to steal higher earners’ income. Those of us not lucky, fortunate or born into wealth to earn more than $168,000 per year pay 6.2% on all of our income to support […]
Posted inBusiness, News
Social Security and Medicare finances look grim as overall debt piles up
The news Monday was better than many experts had expected, though – last year, federal actuaries said the programs could go belly-up sooner than the decade predicted in the new report.
Posted inOpinion
Opinion: Raising the retirement age won’t help anyone
Increasing the retirement age essentially singles out the very worse-off class of older adults – and makes them worse off.
Posted inBusiness, Nation & World
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
The acting Social Security commissioner says the increase in benefits – estimated at $59 per month on average – ‘will help millions of people keep up with expenses.’
Posted inBusiness, Nation & World
Social Security cost-of-living adjustment coming – but it won’t be as big as this year’s
Social Security’s cost-of-living increase for 2024 will be announced Thursday.
Posted inCops & Courts, Maine, News
One face, two identities: The story of Napoleon Gonzalez
The Etna man, who says he once served time for faking his own death, was convicted last month of several counts of fraud for using his dead brother’s identity for more than half a century. This is how officials caught up with him.
Posted inMaine, News
New law will put more dollars into pockets of older, low-income Mainers
About 19,000 Maine residents over 65, many of them low-income women living alone, will be made eligible for the program under the new law.
Posted inOp-eds, Opinion
Commentary: The false centrism of the political group No Labels
The No Labels manifesto championed by the likes of Joe Manchin is composed of misinformation, naivete, misguided solutions and timeworn platitudes.