The State of Social Security Social Security’s retirement trust fund runs out of reserves in late 2032. After that, incoming payroll taxes cover about 78 percent of scheduled benefits, an automatic 22 percent cut, unless Congress acts first. The trust fund is not a reserve of cash. It holds Treasury securities. For roughly 25 years Social Security … Continue reading
Author Archives: Silas Peterlin
Why Are Most Nicotine Pouches on Sale Illegal?
Executive Summary The Food and Drug Administration has authorized 26 nicotine pouch products. Hundreds more sell without clearance, so the legal market is a small fraction of the shelf. For most of those unauthorized products, illegal means the FDA never finished reviewing them. It does not mean the agency examined them and judged them dangerous. A dangerous product … Continue reading
