Joining us now to help factcheck the administration, former Maryland Governor Martin Ali. He served as the commissioner for the Social Security Administration during the Biden administration. I promise we will get to the substance of the claims that are being made, but I just can't get over the fact that the Social Security administration sent a blast email with what we can call a lot of misstatements to be most generous.I don't remember receiving any emails from you when you wouldn't have received those fr ...

Political Strategy & Impact - Democrats are shifting from opposing the bill to using it against Republicans in the midterms, highlighting its unpopularity [1][2] - The strategy involves sharing stories of individuals negatively impacted by the bill's cuts to healthcare and nutrition assistance [4][5][6] - Democrats aim to emphasize that the bill will cause harm and that Republicans are responsible [6][19] Healthcare & Social Welfare - The bill could lead to 17 million people losing healthcare coverage [5][12] - It includes the largest cut to nutrition assistance in American history, affecting children, veterans, the disabled, and the elderly [5] - A $500 billion cut to Medicare is anticipated due to the bill's impact on the deficit [10] Immigration & Detention - Concerns are raised about the conditions at the "alligator Alcatraz" detention facility in Florida, costing $450 million annually, or $150,000 per ICE detainee, which is twice the national average [14][22] - The congresswoman highlights the potential dangers of deporting individuals to countries like Venezuela and Haiti [15][16] - There are allegations of inhumane conditions and lack of due process at detention facilities, with a call for congressional oversight [24][26]

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False https://t.co/k4YFsRj9ZS ...

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s Falsehttps://t.co/JVL9oAWUw6 https://t.co/mmKd5DtL2T ...

Every year, the Social Security Administration issues nearly $1.5% trillion in benefits to 73 million recipients across the nation. And for 2 million of them, those payments could be cut in half as soon as this month. For more, Yahoo Finance senior columnist Carrie Hannon joins me now.So, Carrie, why is the government cutting these benefits. Yeah, Brad, this is uh something that's been in the works for a while, and it's actually been going on. It's the amount that um Social Security overpaid people uh in th ...

Joining us now is Congresswoman Katherryn Clark of Massachusetts. You just heard from her. She is the number two Democrat in the House serving as the Democratic whip.Welcome, Congresswoman. It's great to have you back at the table. So, I want to have a little fun with you uh at the beginning.U so so this great headline on NBC News um uh this morning talking about House Democratic leaders vowed to do everything they can can do to stop the GOP bill from passing. And the first thought I had was what. You mean ...

From @WSJopinion: To preserve Social Security, Congress will need to address the coming insolvency crisis no later than the next president’s first term. Time isn’t on our side, writes William Galston. https://t.co/GOJHfVzdNx ...

Retirement Planning Essentials - To achieve a fulfilling retirement, a robust savings and income strategy is essential, alongside considering lifestyle, relationships, and emotional well-being [2] - Research indicates that money, relationships (especially with a partner and friends), and health are key predictors of retirement satisfaction, with money's impact leveling off around $45 million [10] - Retirement should not be viewed as an extended weekend but requires planning for social engagement and habits to avoid boredom and social isolation [19][20] - Financial planning tools can help individuals understand their expenses, factor in inflation and potential healthcare costs, and build confidence in their retirement plan [73][74] Retirement Expenses and Income - Replacing pre-retirement lifestyle may require replacing approximately 84% of pre-retirement salary, considering savings and payroll taxes [27] - The average 65-year-old individual may spend around $165,000 on healthcare during retirement, excluding potential long-term care costs which could add another $117,000 per person for private-room nursing care [53][54] - Strategies for covering later-in-life healthcare expenses include budgeting with higher-than-average inflation for healthcare and considering a Qualified Longevity Annuity Contract (QLAC) to offset rising costs in later years [56][57] - Guaranteed income sources, such as Social Security, pensions, and annuities, provide steady, predictable payments and can alleviate spending stress in retirement [100][103] Housing and Relocation Considerations - Relocating in retirement involves considering cost-of-living factors, taxes, proximity to hobbies or family, and potential aging costs, such as house upkeep and access to healthcare [38][39][42][43] - Research suggests that while living in one's own home generally leads to greater happiness until the 80s, transitioning to shared living environments may be beneficial in later years due to increased social interaction [45] Investment Strategies - The "4% rule" suggests withdrawing 4% of savings in the first year of retirement and adjusting for inflation annually, but its security may be less certain today due to longer lifespans and potentially lower future returns [122][123][124][125] - A flexible spending strategy, involving adjusting spending based on market performance, may be preferable to the rigid 4% rule [126][127]

Peter, uh, President Trump has not been shy about saying very directly there will be consequences for Republicans who don't fall in line. Um, beyond that, what's he doing. Well, you can see the West Wing here. That's the Marine Guard out front, which means the president is here in the West Wing.We believe he's taking meetings. We know over the course of the day he'll be meeting with some of those moderates, as Melanie noted, also meeting with some of the Freedom Caucus members here. But the bottom line for ...

It is time now for money power politics and this evening we are talking about our financial responsibility as a country. I want to level set here. This has been a problem for the United States for many years.Our debt has exploded over the last two decades under the leadership of both parties. But that makes it even more important to take a hard look at what this Republican bill would do to make an already bad situation even worse. As the New York Times puts it, this is one of the most expensive pieces of le ...