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Undated: Social Security (United States): In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration.[1] The original Social Security Act was signed into law by President Franklin Roosevelt in 1935,[2] and the current version of the Act, as amended,[3] encompasses several social welfare and social insurance programs.
Social Security is funded primarily through payroll taxes called Federal Insurance Contributions Act tax (FICA) or Self Employed Contributions Act Tax (SECA). Tax deposits are collected by the Internal Revenue Service (IRS) and are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, the two Social Security Trust Funds.[4][5] With a few exceptions, all salaried income, up to an amount specifically determined by law (see tax rate table below), is subject to the Social Security payroll tax. All income over said amount is not taxed. In 2018, the maximum amount of taxable earnings was $128,400.[6]
https://en.wikipedia.org/wiki/Social_Security_%28United_States%29
-- 2017 --
May 23: Trump's Cuts to SNAP and Social Security Would Hit the Rust Belt Hard
The president’s full budget includes reductions in income-support programs that core Republican voters rely on—more so than other groups do.
https://www.theatlantic.com/politics/archive/2017/05/trump-budget-snap-social-security/527799/
-- 2018 --
February 19: Attention, seniors: Trump’s budget is coming for your Medicare benefits
https://www.washingtonpost.com/
April 17: Trump Signs Bill Adding Protections For Social Security, SSI Recipients
Individuals tasked with handling Social Security payments for people with disabilities will be subject to greater scrutiny under a new law signed by President Donald Trump.
The president signed the measure known as the Strengthening Protections for Social Security Beneficiaries Act of 2018, or H.R. 4547, late last week after it was unanimously approved by Congress.
The legislation will impose greater oversight on representative payees who manage Social Security and Supplemental Security Income benefits for those who need assistance.
https://www.disabilityscoop.com/2018/04/17/trump-protections-social-security/24983/
June 5: Social Security must reduce benefits in 2034 if reforms aren't made
https://www.cnn.com/2018/06/05/politics/social-security-benefit-cuts/index.html
July 6: ... Social Security is a financial foundation that millions of seniors simply couldn't do without. According to the Social Security Administration, more than three out of every five aged beneficiaries lean on the program for at least half of their monthly income, with just over a third essentially reliant on the program for all of their income (90% or more).
This guaranteed payout is in some serious trouble. While Social Security is in absolutely no danger of going bankrupt -- which means current and future generations will receive a retired worker, disability, or survivor benefit, should they qualify -- it is on the brink of a major transformation.
But as Trump inferred more than five years ago, approaching reforms is something that only makes sense in a post-election environment. Given that the president is still more than two years away from a reelection bid, it seems very unlikely that any reform will be passed prior to November 2020. Should Trump win a second term, it may be possible,
https://www.msn.com/en-us/money/retirement/the-must-read-trump-quote-on-social-security/ar-AAzEDrv
August 2: Sen. Marco Rubio plans to introduce a bill today that would allow new parents to finance their paid leave by drawing from their Social Security benefits early.
The Florida Republican's bill -- Economic Security for New Parents Act -- would allow parents to use their future Social Security benefits to use for at least two months leave, which would then delay receiving their retirement benefits by three to six months when they retire.
https://www.cnn.com/2018/08/02/politics/marco-rubio-ivanka-trump-paid-family-leave-bill/index.html
August 26: Donald Trump could use this Social Security strategy for his family. How to know if you qualify
https://www.cnbc.com/2018/08/26/how-donald-trump-could-get-social-security-for-his-son-barron.html
August 31: Trump's Immigration Proposals Could Cost Social Security Up to $2.4 Trillion
https://finance.yahoo.com/news/trump-apos-immigration-proposals-could-100600058.html
September 4: While Trump's promise made in a White House statement about the order to “take care of our people, to rebuild our nation, and to fight for our great American workers” sounds great, some retirement experts question whether it really amounts to much.
“Generally, these executive orders are more symbolic than meaningful,” said Jamie Hopkins, director of the New York Life Center for Retirement Income at the American College of Financial Services.
Hopkins said the proposed changes to required minimum distributions, or RMDs, on 401(k) and IRA plans mostly benefit the wealthy who want their money to grow for a longer period of time.
“Most people rely on Social Security and need to withdrawal more than their RMD each year for income,” Hopkins said. “As such, allowing them to spread out their RMDs does not help the vast majority of retirees. It would also cause a fair amount of reworking products, strategies and rules to essentially just create additional tax benefits for the top 10% or so of Americans.”
https://www.housingwire.com/articles/46732-retirement-experts-trumps-order-on-retirement-savings-falls-short
September 7: Trump Says He Made Social Security, Medicare Stronger. Fact-Checker Says False.
The forecast for both programs is worse today than a year ago. The main Medicare trust fund is expected to run out of money three years sooner. The main Social Security trust fund is expected to run out one year sooner. The Republican tax cut law and lower-than-projected wages accounted for most of the downgrade.”
http://www.thefiscaltimes.com/2018/09/07/Trump-Says-Hes-Strengthening-Social-Security-Medicare-Fact-Checker-Says-Thats-False
September 7: In the battle for control of Congress, President Donald Trump's weapon of choice is fear.
At a rally for Republican Senate nominee Matt Rosendale in Billings, Montana, on Thursday night, the president warned his faithful that Democrats would raise their taxes, take their guns, block his wall, abolish the Immigration and Customs Enforcement agency, open U.S. borders, end Social Security and cut Medicare.
He's also warned supporters this summer that the outcome in November could spell trouble for freedom of speech and religion and the First Amendment — and that if the GOP loses, violence could follow.
The overwhelming majority of the claims are patently false, but with two months to go — and analysts in both parties convinced that there’s a nonremote chance Republicans could lose at least the House — Trump is in desperation mode.
https://www.nbcnews.com/politics/white-house/fear-loathing-trump-campaign-trail-n907521
September 10: AP fact check: Has Trump made Medicare and Social Security stronger?
A look at the rhetoric and how it compares with reality: ...
https://www.pbs.org/newshour/politics/ap-fact-check-has-trump-made-medicare-and-social-security-stronger
September 10: Trump and his administration [are] working to destroy Social Security, Medicare, and Medicaid.
Here are ten of the Trump Administration’s worst attacks on the American people’s Social Security, Medicare and Medicaid:
https://socialsecurity.news/donald-trump-destroy-social-security-medicare-medicaid/
September 11: President Donald Trump recently issued an executive order aimed at strengthening retirement security in America. It's a step in the right direction, but tackling two additional issues would truly address the pressing needs of working Americans who want to save for retirement.
Mr. Trump's Aug. 31 order directs the Department of Labor and the Department of Treasury to encourage the adoption of multiple employer plans (MEPs), which allow small employers to pool resources and costs to offer retirement plans to their employees. This is good news, given that only about half of all workers are covered by a retirement plan at work. Research shows that having one significantly boosts workers' accumulation of retirement savings.
https://www.cbsnews.com/news/trump-takes-a-first-step-to-boost-retirement-security/
October 3: Trump pick to run Social Security allegedly impersonated police officer to avoid trespassing charge
Andrew Saul has no background in the field he's been chosen to lead.
https://thinkprogress.org/trump-pick-social-security-allegedly-impersonated-police-officer-666aa57d9212/
October 18: Democrats seize on McConnell's Social Security, Obamacare remarks
Kentucky's senior senator pointed to entitlement programs when asked this week about the rising U.S. deficit, which has ballooned to $779 billion. A White House report estimates it could spike to $1 trillion annually by 2020.
"It’s very disturbing, and it’s driven by the three big entitlement programs that are very popular: Medicare, Social Security and Medicaid," McConnell said in an interview with Bloomberg.
That is a stunning remark given the GOP pushed through a tax cut bill that added $1.9 trillion to the national debt, said Ben Ray, a spokesman for the Democratic Senatorial Campaign Committee.
https://www.courier-journal.com/story/news/politics/elections/2018/10/18/congressional-midterm-elections-mitch-mcconnells-social-security-remarks-seized-democrats/1682385002/
October 18: Social Security, food stamps, and other programs kept 44 million people out of poverty last year
The new census data probably won’t stop Republicans from trying to gut the safety net.
During President Donald Trump’s first year in office, income from these safety net programs directly kept 44.9 million people out of poverty in 2017. That’s 200,000 more people compared to 2016. So far, Trump and congressional Republicans have been unable to gut spending on the safety net programs they have long despised, facing resistance from Democrats whose votes they needed to pass a budget deal in March.
https://www.vox.com/2018/9/12/17850426/census-poverty-income-2017-trump
October 26: As President Donald Trump and Republican leaders make clear that they intend to enact deep cuts to Medicare, Medicaid, and Social Security after next month's midterms in a supposed effort to rein in the soaring deficit—which has ballooned largely due to Trump's $1.5 trillion tax law—a survey published on Friday found that nearly two-thirds of Americans would prefer repealing the Republican tax cuts over slashing the safety net.
https://www.commondreams.org/news/2018/10/26/gop-moves-cut-medicare-and-social-security-60-americans-say-repeal-trump-tax-scam
October 26: Americans would much rather deal with the ballooning federal deficit by reversing the GOP's biggest accomplishment of President Donald Trump's term, rather than go along with the Republican plan to address the debt, a new poll shows.
According to the Marist/NPR/PBS poll, 60% of Americans would rather reverse the GOP tax law to deal with the growing deficit. Just 21% of Americans would rather make cuts to entitlement programs of Medicare, Medicaid, and Social Security.
https://www.businessinsider.com/poll-medicare-medicaid-social-security-cuts-vs-gop-tax-law-hike-2018-10
December 28: Social Security Checks Paid, But Government Shutdown Can Still Damage Program
https://www.forbes.com/sites/teresaghilarducci/2018/12/28/social-security-checks-paid-but-government-shutdown-can-still-damage-program/#5d60ea477a7e
-- 2019 --
-- 2020 --
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