When Is The Social Security Trust Fund Running Out?
by Zero Hedge
Zero Hedge— When Is The Social Security Trust Fund Running Out? A social safety net is synonymous with a failsafe for many, but in the case of the U.S. Social Security system, additional action is needed to ensure it stays that way. The annual OASDI trustees report by the Social Security Administration, covering old-age, survivors and disability insurance, shows that under the present circumstances, the asset reserve dedicated to the benefit program could be depleted sooner rather than later. ...
UK Tech News—Jobs platform Tangent secures funding to boost tech social mobility. Tangent, a jobseekers network targeting aspiring tech workers from less advantaged backgrounds, has raised $1.1m (£882,000). Founded by former LinkedIn employee Gary Izunwa, Tangent is a platform that connects jobseekers from low socioeconomic backgrounds with people in tech offering mentorship and referrals. The recently launched Tangent network is initially starting with entry-level tech sales roles, […]
Raw Story—Trump 'open' to slashing taxes that fund Social Security and Medicare: report. Former President Donald Trump is toying with the idea of promising a large tax cut for the middle class as part of his 2024 re-election campaign — and one way he might do it is to raid the funding for Social Security and Medicare.According to Gram Slattery of Reuters, "Donald Trump has indicated to advisers he is keen on a new middle-class tax cut should he return to the White House, two people familiar with the discussions said, an initiative that could appeal to voters but could also worsen...
www.yorkshireeveningpost.co.uk—West Yorkshire multi-academy trust secures £1.4M funding for building improvements for its schools. The trust has committed £400,000 of its own capital reserves to the condition improvement projects, meaning the value of the work being invested into improving school buildings is £1.88m. Mr Evans, CEO of Polaris Multi-Academy Trust, commented that: “We have been very successful with CIF bids over the years - totalling millions of pounds for our schools. Once again, we are delighted that the money will allow us to support ongoing improvements to our buildings, which supports the Trust’s...