Bits n’ pieces from east, west and beyond
East, west or beyond, sooner or later events elsewhere may have a local impact. A recent sampling:
The Lever says 60% of Americans lived paycheck-to-paycheck last year, but a report from Equilar showed executive compensation packages rose 11%; employee pay declined. Sen. Bernie Sanders has reintroduced legislation that would raise taxes on companies whose top executives are paid 50 times more than their average worker.
The 2024 report by the Trustees of the Social Security and Medicare Trust Funds show both are strong and solvent for now. But that depends on this year’s election results: The Alliance for Retired Americans points out that the current president wants to strengthen both programs with laws that make the wealthiest Americans pay their fair share, while Republicans want to cut $1.5 trillion from Social Security.
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