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When President Franklin D. Roosevelt signed Social Security into law 91 years ago -- on August 14, 1935 – he said its enactment was “historic for all time.” FDR was right. Nine decades later, Social Security remains one of the most successful – and most popular – federal programs ever. In poll after poll, overwhelming majorities of Americans across party lines approve of Social Security – and…
President Lyndon B. Johnson signed Medicare and Medicaid into law 61 years ago today! These legacy Great Society programs could not be MORE IMPORTANT, but the political right has been targeting them for years - and lately, they have been successful in chipping away at the programs that seniors and lower income people depend on for health coverage. We asked our legislative and policy director Dan…
Soon-to-be retired Senator Dick Durbin’s (D-IL) new PROMISE Act is the latest in a wave of proposals to establish a ‘fiscal commission’ to address Social Security’s looming financial shortfall, instead of allowing Congress to do its job and devise its own proposals. Durbin’s bill would authorize the four-person Social Security Advisory Board to draft a 50‑year solvency bill that would be…
New reporting shows Affordable Care Act (ACA) premiums are set to spike by an average of 14% in 2027, on top of last year’s double‑digit hike. It’s exactly what you’d expect from a Trump administration that has made life more expensive and health care less secure for the most vulnerable Americans. For millions of Americans who buy coverage on the ACA marketplaces, the story of the past two years…
In his latest column for The Atlantic titled “An Oligarchy of Old People,” author Idrees Kahloon correctly identifies a troubling symptom of the 21st century economy — a younger generation left worse off than those who came before them — while misdiagnosing the cause. Rather than identifying the true culprit, namely wealth inequality and The post Latest Atlantic Piece Ignores the Real Oligarchy…
After turning the page on his self-indulgent USA250 bonanza, marred by extreme heat and disappointing attendance, President Trump has once again set his sights on Americans’ earned retirement benefits. On Monday, he announced that his administration is “working on a plan” to create accounts for adults loosely inspired by Australia’s retirement savings system – and similar to the Trump accounts for…
Social Security is back in the headlines this summer, driven by both hopeful developments and urgent warnings. In the wake of the Trustees report in June, Senators Elizabeth Warren (D-MA) and Bernie Moreno (R-OH), announced a bipartisan proposal to adjust the Social Security payroll wage cap and stabilize the program’s revenue ahead of looming insolvency in the early 2030s. Moreno’s participation…
we have launched a new voter education campaign called “Social Security on the Ballot.” Its message is simple but urgent: when Americans go to the polls this November, they’ll be choosing candidates who will shape the future of Social Security. The post Social Security is on the Ballot in 2026 appeared first on NCPSSM .
If Social Security Commissioner (and CEO of the IRS) Frank Bisignano brought anything with him from the corporate world, it is his ability to sell, sell, sell. At a June 10th hearing on Capitol Hill, the former Wall Street executive did his best to sell the fiction that EVERYTHING IS JUST GREAT at the Social Security Administration – despite massive understaffing, poor morale, and outright abuse…
On Tuesday morning, The Social Security Administration (SSA) released its highly anticipated Trustees Report for 2026. The trustees project that the depletion date of the Old-Age and Survivors Insurance and Federal Disability Insurance (OASDI) trust fund surplus will hold firm at 2034, at which time the program still could play 83% of promised benefits. (Advocates and analysts expected the date to…
