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The Latest Breaking News from Social Security

McCarthy, Biden to meet in hopes of avoiding debt limit debacle

WASHINGTON — When Speaker Kevin McCarthy, R-Calif., meets President Joe Biden on Wednesday to discuss the debt limit, there are some structural advantages in favor of emerging from the fight this summer without tanking financial markets that didn’t exist in 2011, a similar moment in U.S. political history.

Tribune News Service

I helped balance the federal budget in the 1990s – here's just how hard it will be for the GOP to achieve that same rare feat

Kevin McCarthy reportedly promised many things to Republican hardliners en route to clinching his job as speaker of the U.S. House of Representatives. One of them was a “balanced budget” in 10 years.

The Conversation

People urged to share views on eligibility for mobility element of disability benefit in new consultation

The Scottish Government estimates Adult Disability Payment will provide support to over 510,000 people by 2025.

Daily Record

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McCarthy, Biden to meet in hopes of avoiding debt limit debacle - Roll Call

Speaker Kevin McCarthy and President Joe Biden could actually have a chance to avoid a fiscal crisis this summer.

Roll Call

White House to send its budget to Congress in early March

WASHINGTON — The Biden administration will send its budget for the next fiscal year up to Capitol Hill on March 9, according to a memo from top White House aides.

Tribune News Service

McCarthy to gather with fellow Republicans before Biden meeting on debt limit

WASHINGTON — Hours before House Speaker Kevin McCarthy meets with President Joe Biden to discuss the approaching U.S. debt ceiling crisis, he’ll preside over a closed-door session with fellow Republicans to discuss strategy.

Tribune News Service

Biden White House, McCarthy dig in ahead of debt meeting

U.S. President Joe Biden and House Speaker Kevin McCarthy won't come to their first meeting over raising the debt ceiling with any specific proposals to stave off a possible default, both sides indicated on Tuesday.

Reuters

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Tax cuts, factory perks: What to watch for in Union Budget 2023

The Union Budget on Wednesday will test the government’s resolve to stay fiscally prudent as expectations of lower taxes, wider social security net and further boost to production gather steam before national elections.

The Times of India

Commentary: When will US workers get paid leave? Try 2035

Most wealthy countries provide workers with paid time off when they become parents, fall ill or need to care for loved ones. It's one of the great no-brainers of public policy: It benefits newborns, families and the entire economy.

Tribune News Service

New update on devolved disability payment processing times for people waiting on decision

Payments for Adult or Child Disability Payment are calculated from the date that the person first applied.

Daily Record

SNP criticise DWP for extending 'failing' Maximus disability assessment contract

Maximus UK Services Ltd was given a seven-month extension to its Health and Disability Assessment Service contract earlier this month.

Daily Record

Biden, McCarthy to meet Wednesday for debt limit talks

WASHINGTON — President Joe Biden agreed to meet House Speaker Kevin McCarthy on Wednesday to discuss raising the debt ceiling and avoiding a U.S. default as Republicans seek a deal that includes government spending cuts.

Tribune News Service

Lots of sound and fury on US debt, but not a crisis — yet

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

The Independent UK

SNP MP claims DWP staff 'burnt out' as compensation payments to claimants double

David Linden warned the compensation payments showed that "Brexit Britain can no longer run a competent social security system".

Daily Record

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Salon

Can DeSantis out troll Trump?

Bigotry, book bans, and science hatred don't play as well outside of the MAGA base

Los Angeles Times

Editorial: If Kevin McCarthy is serious about protecting the economy, he’d raise the debt ceiling

After he was elected speaker on the 15th ballot, Kevin McCarthy promised that the U.S. House under Republican leadership would protect the national economy, saying that the party was committed to “stop wasteful Washington spending, to lower the price of groceries, gas, cars, housing, and stop the rising national debt.”

Salon

GOP wants to impose 30% US sales tax

The bill would also eliminate corporate income taxes and abolish the IRS

Orlando Sentinel

Scott to run again for Senate, sticks to ‘Rescue America’ plan

ORLANDO, Fla. — U.S. Sen. Rick Scott is running for a second term next year and will continue to push his much-maligned “Rescue America” plan.

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Tribune News Service

VIEWPOINT 2: Is bipartisanship good? That depends

Bipartisanship is the solution to some problems, but it also helped create them. On the one hand, if you are a classical liberal with a strong preference for fiscal responsibility, bipartisanship generally gets you nowhere. Big Capitol Hill deals mean big spending. On the other hand, the only path to…

Irish Mirror

All the people who don't need to pay Ireland's TV licence fee and may not even realise it

Households in Ireland with a television, even if it is broken, are required to have a TV licence which costs €160 every year. But there are certain groups who can get a free TV licence and they may not even realise it.

Reason

Social Security Is on the Brink of Collapse. The GOP Won't Touch It.

In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.

Tribune News Service

McCarthy’s moderate Republican allies have their own debt-ceiling ideas

Ultraconservatives in the House have dominated the public discussion on the US debt ceiling, but Speaker Kevin McCarthy can’t afford to ignore GOP centrists if the country is to avoid a catastrophic payments default later this year.

Salon

GOPers plot to hike retirement age to 70

"Medicare and Social Security are non-negotiable," responded Democratic Rep. Mark Pocan

Roll Call

House GOP considering ‘clean’ short-term debt limit suspension - Roll Call

House Republicans are mulling an attempt to buy time for further negotiations on federal spending and deficits.

The Independent UK

Tax season already? Some tips for avoiding stress and scams

Tax season is here again

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