Lots of Testimony, Much Dissent on Retirement Fixes
Senate Finance hears plenty of suggestions (including from John Bogle) for boosting savings, but also that the idea of a retirement crisis is overblown.
Treasury, IRS Issue New Guidance to Curb Corporate Tax Inversions
The Treasury Department and IRS issued guidance late Monday to reduce the tax benefits of corporate inversions.
Congress Begins to Tackle Retirement
Congress this week is turning its attention to the country’s retirement security crisis, particularly for workers in small and midsize businesses.
Social Security Disability Fund Teeters on Brink of Broke
Social Security's chief actuary warned senators that the disability trust fund needs help "soon" or reserves will run out in 2016.
U.S. Debt Path ‘Unsustainable’ Thanks to Social Security, Health Care: CBO
The Congressional Budget Office predicts rising debt and growing budget deficits in the next 25 years.
Cut College Debt Through Simpler Tax Incentives, Senator Says
The Senate Finance Committee looked at ways to reduce student borrowing through the tax code. One possibility: boosting prepaid 529 plans.
Senate Finance to Vote on New Social Security Advisory Board Members
Committee will hold Wednesday open executive session to vote on new members Aaron, Chen and Cohen.
Senate Finance Gears Up for Tax Reform Hearings
Upcoming committee hearings to look at education tax incentives, ID theft and taxpayer privacy.
As Student Debt Hits $1.2 Trillion, Senate to Debate Loan Refinancing Bill
The Senate will debate next week a bill from Sen. Elizabeth Warren, D-Mass., to allow students to refinance their loans.
Senators Debate Social Security Fixes
Agreement on the scope of the problem; disagreements on what changes should be made to keep Social Security solvent.