New bipartisan plan seeks to prevent Social Security benefit cuts before trust fund depletion

A ticking clock on Social Security solvency has prompted a bipartisan coalition of senators to introduce legislation aimed at preventing automatic, across-the-board benefit cuts for more than 70 million Americans. Called the Protecting Retirement Opportunities and Maintaining Income Security for Everyone (PROMISE) Act, the bill establishes a procedural process designed to require congressional votes on a long-term Social Security solvency plan before the retirement trust fund’s projected depletion in 2032 triggers an automatic 22% reduction…

United States

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UK Sentences Two Tied to 5M Crypto Ransom, Public Transport Breach

The United Kingdom National Crime Agency (NCA) and City of London Police said two men associated with the “Scattered Spider” hacking group were sentenced to five years and six months in prison.The two pleaded guilty during their first court appearance at Woolwich Crown Court on June 22 and were sentenced…

Lifestyle

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