Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Bill Would Exclude Social Security From Income Tax
By Melanie WaddellThe bill would threaten Social Security's solvency "while masquerading as a 'senior tax cut,'" a senior advocate says.
May 19, 2023
Waiting to Fix Social Security Just Increases the Pain, GAO WarnsThe earlier the course correction, the more gradually changes can be phased in, giving workers time to adjust.
May 18, 2023
Older Workers Are Stuck in Tough, Risky JobsThere's a "looming retirement crisis," and expecting people to work longer is an unrealistic solution, Teresa Ghilarducci says.
May 17, 2023
Kotlikoff Joins Laffey Presidential Campaign as Chief Economic AdvisorCampaign leaders say the economist will help present a vision that will resonate with voters of all stripes.
May 10, 2023
6 New Estate Tax Bills in Congress NowProposals range from hiking rates on the super-rich to eliminating estate taxes entirely.
May 09, 2023
White House, McCarthy Disavow Short-Term Debt-Limit ExtensionTreasury Secretary Janet Yellen says the U.S. could exhaust its ability to meet its obligations by June 1.
May 04, 2023
New Retirement Bill Expands 403(b) Fund MenuThe bill would allow 403(b)s to invest in "lower-cost" options available in other types of retirement plans.
May 04, 2023
NAIFA to Move HeadquartersThe agent and advisor group's new neighbors could include Politico and Raytheon.