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Friday, April 26, 2024

‘Damaging cuts’ to Medicare and Social Security are looking more likely with McCarthy as House Speaker. Here’s what it will mean for retirees.

House Republicans elected Rep. Kevin McCarthy as Speaker of the House after a historically lengthy election process. That could be bad news for some retirees. That’s because of the types of concessions McCarthy had to make to secure his seat. Reporting over the past few days strongly suggests that …

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