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Underfunding college shifts burden, debt to students

Monday night, the U.S. Senate overwhelmingly approved an $80 billion annual increase in military spending, enough to make tuition free at all public colleges and universities in the country. President Donald Trump had only asked for $54 billion. Politicians from

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Posted in An Inclusive Economy, Educational Opportunity, Higher Education

The Truth About Social Security’s Solvency and You

What’s ahead, what the candidates say, and a forecast for Medicare [By Chris Farrell via Next Avenue] Social Security’s recently released 2016 Annual Report of the Board of Trustees on the system’s financial condition is 272 pages long and a doorstop.

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Posted in A Fair Deal at Work, Retirement Security, Retirement Security Accounts, Social Security

The People’s Choice for the People’s Pension

If we wanted to adopt a cautious policy measure that would eliminate Social Security’s shortfalls predicted 20 years down the road, we could eliminate the cap on earned income subject to Social Security taxes, currently set at $113,700. Such a measure would lead to increased payments by about the top 5.2 percent of wage earners.

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Posted in A Fair Deal at Work, Retirement Security, Social Security
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