- Fed rate hikes influence inflation, which subsequently determines the Cost of Living Adjustment (COLA).
- Current political figures, including Mike Johnson and Paul Ryan, discuss the challenges facing Social Security, such as trust fund depletion, and the history of privatization attempts dating back to the Bush era.
Paul Ryan appeared on CNBC to discuss Social Security solvency and proposed raising the retirement age, linking to Simpson-Bowles provisions.
1 report, 1 independent
Updated Sep 4
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What happened
Paul Ryan appeared on CNBC to discuss Social Security solvency and proposed raising the retirement age, linking to Simpson-Bowles provisions.