Premium Only Content

A bipartisan group of Senators is talking about raising the retirement age on Social Security
A bipartisan group of Senators is talking about raising the retirement age on Social Security
A bipartisan group led by Sens. Angus King, I-Maine, and Bill Cassidy, R-La. is considering gradually raising the retirement age to about 70 as part of their legislation to overhaul Social Security, Semafor has learned from two people briefed on their efforts.
Other options on the table include changing the existing formula that calculates monthly benefits from one based on a worker’s average earnings over 35 years to a different formula that’s based instead on the number of years spent working and paying into Social Security.
The plan also includes a proposed sovereign wealth fund (as previously reported by Semafor) that could be seeded with $1.5 trillion or more in borrowed money to jumpstart stock investments, the people said. If it fails to generate an 8% return, both the maximum taxable income and the payroll tax rate would be increased to ensure Social Security stays on track to be solvent another 75 years.
Links for B.C.
Visit My Website
https://bcbegley.com
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoU...
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
Follow Me On Parler
https://parler.com/profile/Bcbegley20...
Watch Me On BitChute
https://www.bitchute.com/channel/FYML...
Subscribe To The Apocalypse Watch App
https://newapocalypsewatch.com
-
0:51
B.C. Begley
58 minutes agoPakistan authorities arrest 13 suspects over ‘honour’ killing video
-
2:51:11
TimcastIRL
4 hours agoUNHINGED Liberals PROTEST Colbert Cancellation In NYC, Propaganda Machine IS COOKED | Timcast IRL
162K68 -
2:42:48
The Quartering
4 hours agoToday's News Chat & Act 2 Of Expedition 33
37.8K2 -
LIVE
SpartakusLIVE
6 hours agoMonday MOTIVATION || Games w/ the BOYS into the NIGHT
481 watching -
3:16:02
Barry Cunningham
5 hours agoNEWS ON THE PLOT AGAINST THE PRESIDENT AND IT'S A MOVIE NIGHT!
67.1K43 -
2:00:32
Glenn Greenwald
7 hours agoWorld Finally Horrified by Israel's Atrocities in Gaza; Mass Starvation Expert Warns of Spiraling Crisis in Gaza; AOC Votes to Fund Israel's Iron Dome | SYSTEM UPDATE #489
72.1K120 -
LIVE
Spartan
5 hours agoSpartan - Pro Halo Player for OMiT | Scrims vs OMiT Black
162 watching -
2:47:11
crgoodw1n
3 hours agoMonday stream Pt.2! Max Traders are almost here!
7.74K1 -
1:28:30
Gurk
3 hours ago $0.27 earnedMLB CO OP
16.4K -
1:46:27
Tim Pool
11 hours agoSin Frontera: The End of Illegal Immigration
193K63