Ex-Social Security administrator calls for raising cap
Former Social Security Administration Commissioner Martin O’Malley argued that requiring higher-income Americans to pay more into Social Security is the solution to the program’s looming funding shortfall after a new report warned that beneficiaries could see a 22 percent cut in their monthly checks in 2032. In an interview that aired Monday on NewsNation's “The...
Former Social Security Administration Commissioner Martin O’Malley argued that requiring higher-income Americans to pay more into Social Security is the solution to the program’s looming funding shortfall after a new report warned that beneficiaries could see a 22 percent cut in their monthly checks in 2032. In an interview that aired Monday on NewsNation's “The...
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