Immigration Deal: Biden Vows Border Shutdown and Urges Congress to Act

Washington, D.C. – President Biden vows to shut down the border and urges Congress to pass an immigration deal to address the ongoing border crisis. This comes as Johnson warns the Senate on immigration talks and vows to impeach Mayorkas, the Homeland Security Secretary, soon. A GOP senator deems it “immoral” to kill the border deal to assist Trump, while Johnson fires a warning shot at Senate border talks. Trump also threatens to blow up …

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Social Security COLA Formula Under Congress Research Scrutiny

Washington, D.C. – Congress is currently exploring the possibility of implementing a new formula for calculating Social Security COLA, sparking debates on the potential impact this change could have on seniors across the country. The proposed new formula aims to better reflect the actual cost of living increases experienced by retirees, compared to the current method which many argue is outdated. Lawmakers are delving into the intricacies of the Social Security COLA formula, seeking to …

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Congress Delaying Full Resolution of FY24 Spending Legislation Puts Health Care Stakeholders in Limbo

WASHINGTON, D.C. – With Congress delaying resolution of the federal spending legislation until at least early March, healthcare stakeholders are left waiting to resolve several priority issues once again. The delay creates an additional six-week window during which Congress could work to address at least some of these issues. However, the same challenges, including divisions over foreign aid and border security funding, and socially conservative policy riders, remain in place. The unresolved health care issues …

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Chile Congress advances reform of private pension system despite opposition

Santiago, Chile – The lower house of Chile’s Congress has given its provisional approval for a reform of the country’s private pension system, a significant development in the polarized political landscape of Chile. The bill, presented by leftist President Gabriel Boric, received a 84-64 vote, with three abstentions, to move forward with the redesign of the pension system. However, the government’s proposals were later rejected in an article-by-article vote, leaving the fate of the reform …

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Alaska Legislature Urges Congress to End Social Security Windfall Provision Affecting Public Employees

Juneau, Alaska – The Alaska Legislature has made a significant push towards addressing the issue of the Social Security Windfall Elimination Provision. Recently, a resolution was unanimously approved, urging Congress and federal officials to remove this provision that impacts the Social Security benefits of many public employees, including teachers. House Joint Resolution 18 was passed by the Alaska House of Representatives with a resounding 40-0 vote, followed by the Senate with a 20-0 approval. The …

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Maternal Health Crisis Addressed by Catholic Bishops in Urgent Letter to Congress

NEW YORK – Amid a concerning increase in maternal mortality rates in the United States, the United States Conference of Catholics Bishops committee chairmen have penned a letter to Congress urging action to address the nation’s maternal health crisis. The chairmen emphasized the importance of prioritizing policies that promote the health, safety, and well-being of women, children, and families. Specifically, they called for policies that uphold the sanctity of life, respect conscience rights, ensure affordability, …

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Social Security Funding Outlook Improves Slightly: Tough Decisions Ahead for Congress

Washington, D.C. – The latest Social Security Trustees Report for 2024 paints a slightly brighter picture for the program’s future. While in the previous year benefit cuts seemed imminent by 2034, the current projections show that all scheduled benefits can be funded through 2035. Additionally, the expected funding shortfall beyond that point is anticipated to be smaller than previously estimated. Despite this temporary relief, it is clear that Social Security cannot sustain its current form …

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Social Security Insolvency Looming: Will Congress Act in Time to Avoid Benefit Cuts?

Washington, D.C., USA – Social Security’s trust funds are in dire straits, with looming depletion threatening steep payment cuts for retirees in less than a decade. The latest annual report from the Social Security trustees indicates that the Old-Age and Survivors Insurance trust fund is projected to run out of funds by 2033, potentially triggering a 21% reduction in benefits for recipients. If no congressional action is taken to address the impending shortfall, beneficiaries of …

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Social Security Crisis: Congress Must Act Within 10 Years to Secure Future

Washington, D.C. – Congress faces a looming deadline to address the financial challenges of Social Security before the program exhausts its funds. Experts warn that without significant reforms, Social Security will struggle to meet its obligations within the next decade. The pressure is mounting for lawmakers to take action and ensure the long-term stability of this crucial social safety net. Currently, Social Security is funded through payroll taxes, with workers contributing to the program throughout …

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Security Social Security Faces Pending Cut Unless Congress Acts

Washington, DC – Social Security’s financial future hangs in the balance as a government report released on Monday warns that Congress must act within the next decade to prevent a significant cut in benefits for retirees. According to the report from Social Security trustees, the trust fund is projected to be depleted by November 2033, triggering a 21% reduction in benefits if no action is taken. While the latest forecast shows slight improvements in Social …

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