Benefits June 24, 2026
COUNTERPOINT: Social Security Should Not Be Privatized
"Social Security privatization is a false solution that would make retirement less secure for seniors while saddling workers with higher taxes and debt."
Benefits June 24, 2026
POINT: Recipe to Convert to a Private Social Security System
"The best way to fix Social Security is to privatize it. The difficulty of getting from where we are today to a private system lies in the cost of conversion."
Benefits June 18, 2026
A Simple Change Could Reshape Social Security’s Future, O’Malley Says
Former Social Security Commissioner Martin O'Malley says raising the cap on income subject to Social Security payroll taxes could help address the system’s looming financial challenges.
Payroll June 9, 2026
Judge Halts Trump’s $100,000 H-1B Visa Fee
In the ruling, Judge Leo T. Sorokin found the Trump administration’s policy was effectively a tax, and that Congress in an immigration law had not given presidents the power to tax.
Taxes June 5, 2026
House Ways and Means Preparing Legislation to Forge Crypto Tax Structure
House Ways and Means Chairman Jason Smith has made establishing a framework for the taxation of digital assets a top priority for the committee, even as the Senate toils to pass market structure legislation.
IRS June 4, 2026
Bessent Stays Mum on ‘Anti-Weaponization’ Fund at Hearing
Democrats pressing Treasury Secretary Scott Bessent for information on Trump-IRS settlement get limited details during June 3 hearing.
Taxes May 12, 2026
Federal Gas Tax Holiday Sees Growing Support Amid Pain at the Pump
The Trump administration's support of a temporary federal gas tax suspension has spurred legislative proposals, including one from Missouri Republican Sen. Josh Hawley.
Taxes May 12, 2026
Trump Open to Federal Gas Tax Suspension as Prices Stay High
President Donald Trump says he supports suspending the federal gas tax, but Congress must act as U.S. gas prices average $4.52 a gallon.
Benefits May 4, 2026
Senate Democrats Release Report on Social Security Cuts
A recent report from Senate Democrats is warning Americans that changes to the Social Security Administration are making it “harder for Americans to get their benefits.”
Benefits April 30, 2026
New Social Security Proposal in Congress Would Do Away with Major Benefits Cut
Rep. Greg Murphy (R-NC) and Sen. Rick Scott (R-FL) introduced the Senior Citizens’ Freedom to Work Act, which would do away with the retirement earnings test that reduces benefits for Social Security beneficiaries who claim early retirement.
Taxes April 30, 2026
Federal Disaster Tax Relief Certainty Act Passes House
The bipartisan bill, introduced by U.S. Reps. Mike Thompson (D-CA) and Greg Steube (R-FL), would permit victims to claim disaster-related personal casualty losses without having to itemize deductions through Jan. 1.
Taxes April 29, 2026
House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’
Introduced by Rep. Jimmy Panetta (D-CA), the SEED Act would allow early childhood educators to take a tax deduction for classroom supplies, educational materials and professional development opportunities.