March 15, 2025

Congressional Budget Office

Finance

Here’s Why My Clients Regret Taking Social Security at Age 62

eggeeggjiew / Getty Images/iStockphoto Between now and 2030, the final and largest cohort of the baby boomer generation will reach retirement age. The bulk of them will take Social Security benefits early, according to research from the Alliance for Lifetime Income. Trending Now: I’m an Economist: Here’s My Prediction for Social Security If Biden Wins the

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Loans

Cost Of Federal Student Loans Nears $400 Billion

WASHINGTON – APRIL 20: A worker looks for defective bills in the sheets of newly printed twenty … [+] dollar bills as they are prepared for distribution to financial institutions April 20, 2005 at the Department of the Treasury Bureau of Engraving and Printing in Washington, DC. Regardless of its denomination, a bill, or banknote,

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Finance

Warren Buffett says taxes may rise to offset widening US deficits

NEW YORK (Reuters) -Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather than reduce spending. “I think higher taxes are likely,” he said on Saturday at Berkshire Hathaway’s annual shareholder meeting in Omaha. “They may decide that some day they don’t want the fiscal deficit to be

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