Congress is accused of stealing money from Social Security trust funds and cites Ronald Reagan's advice amid ongoing reform discussions.
4 reports, 2 independent
Updated Aug 28
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 4
- Developments
- 1
- Repetition
- 75%
New informationRepeats or wire copies
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What happened
Congress is accused of stealing money from Social Security trust funds and cites Ronald Reagan's advice amid ongoing reform discussions.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Congress must enact reforms to address the shortfall in the Social Security system.Also in this story
- Under pressure, Congress is facing calls for major overhauls of the Social Security system.
- Political parties have reached an agreement that Social Security requires necessary fixes and reforms.
- Congress removed investment discretion from trustees of the Social Security trust funds.
- Congress is seeking to rewrite the future of the Social Security program, tasking the Advisory Board with drafting a rescue plan, while companies like Wallace advise clients.
The entities involved
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Congress
US record label; imprint of Congress Record Corp.
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Social Security
political party in Israel
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Ronald Reagan
president of the United States from 1981 to 1989 and actor (1911-2004)
Related events
- Shared financial vulnerability due to trust fund status requires political action on statutory formula tweaks for Medicare and Social Security.
- Ronald Reagan's actions provided corporate interests a green light.
- Ronald Reagan's tax cuts are reported to have increased the national debt.
- Tax cut patterns established by Ronald Reagan and continued by George W. Bush and Donald Trump are reported as unfunded.