As Social Security and Medicare trust funds face insolvency by 2034, experts warn that bond market pressures could force Congress into painful fiscal reforms. Will lawmakers finally tackle the 'third rail' of politics?
President Trump's 'One, Big, Beautiful Bill' has raised alarms as it accelerates the depletion of Social Security funds, with potential benefit cuts looming for retirees. Will Congress step in to save the day?
A new report reveals that the Social Security trust fund may be depleted in eight years, risking a 23% cut in benefits for over 60 million Americans. Experts urge Congress to act now to prevent drastic reductions.
In a significant ruling, a federal judge has dismissed Johnson & Johnson's attempt to use bankruptcy to create a trust fund for women claiming cancer from their baby powder products. The decision follows a trial that revealed flaws in the vote of cancer victims on the proposal.
