Rep. Dave Brat discusses what will happen to Social Security & Medicare in the next 10 years per the new CBO report. Go to 4:20 in this video to hear his thoughts. on.msnbc.com/29kcfli
What is Social Security? The Social Security Act was signed into law by President Franklin D. Roosevelt in 1935. It created “a system of Federal old-age benefits” for taxpaying workers and their families. In 1956, the law was amended to also provide disability benefits, but we’re just going to cover the “Old-Age and Survivor’s Insurance” Continue reading →
Members of Generation X, those born between 1965 and 1976, are planning to collect Social Security at an average age of 65, according to a recent survey. But that could be a mistake. Gen Xers won’t qualify for the full Social Security payments they have earned until age 67. Those who sign up for Social Continue reading →
Generation Xers and Gen-Yers like me have a hard time showing interest in what goes on in Washington. But we had better end our apathy — and soon — or we’ll spend the rest of our lives paying for it.