1 stories tagged #trust fund depletion

  1. Ex-Social Security Chief: Raise Tax Cap on Wealthy to Avoid 22% Benefit Cut
    finance

    Ex-Social Security Chief: Raise Tax Cap on Wealthy to Avoid 22% Benefit Cut

    Former Commissioner Martin O'Malley urges Congress to lift the payroll tax cap on high earners before the trust fund depletes in 2032, threatening automatic cuts.

    last wk. 1 min read