Social Security Will Go Bankrupt In 2035, One Year Later Than Prior Projections

When the fund goes bankrupt, Social Security benefits will be cut to 83 percent of what they are now. A new report shows that the Social Security system’s main trust fund will be depleted by 2035—one year later than a prior estimate, though concerns remain about the fund’s solvency. The Social Security Board of Trustees

Jury in Trump trial gets inside look into Michael Cohen payments

Prosecutor Matthew Colangelo questions Jeffrey McConney during former President Donald Trump’s criminal trial on Monday, May 6, 2024. Jane Rosenberg As much as this trial is about salacious headlines and tabloid drama, it’s also about accounting. McConney explained how Cohen’s $130,000 wire to Daniels’ attorney in October 2016 led to a series of 12 monthly