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1972 - Social Security Amendments of 1972 (Supplemental Security Income), Pub. L. 92–603 1973 - Social Security Benefits Increase, Pub. L. 93–233 1977 - Social Security Amendments of 1977, Pub. L. 95–216
The Social Security Advisory Board (SSAB) is an independent, bipartisan board of the United States federal government.It was created by Congress and is appointed by the President and the Congress to advise the President, the Congress, and the Commissioner of Social Security on matters related to the Social Security and Supplemental Security Income programs.
Helvering v. Davis, 301 U.S. 619 (1937), was a decision by the U.S. Supreme Court that held that Social Security was constitutionally permissible as an exercise of the federal power to spend for the general welfare and so did not contravene the Tenth Amendment of the U.S. Constitution.
The Social Security Board of Trustees has said Social Security will become insolvent in 2035. More: Speaker Mike Johnson of Shreveport honors Hidden Figures of Space Race with Congress award.
In 2019, Sen. Bernie Sanders (D-VT) introduced the Social Security Expansion Act in the upper house of Congress. Then-Senator Kamala Harris of California was one of the bill's four co-sponsors.
Social Security recipients will get a 2.5% cost-of-living adjustment (COLA) in 2025. The new COLA will boost average retirement payments by about $47 a month, based on October 2024 data from the ...
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To make one thing clear, Social Security is in absolutely no danger of disappearing or becoming insolvent. The lion's share of the income that funds this program comes from the 12.4% payroll tax ...