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Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds

The trust funds that Social Security relies on to help pay benefits are running low. Based on Social Security Administration estimates from August, the trust fund dedicated to retirement benefits is projected to run out in 2032, when those benefits would need to be reduced by 24%. The annual Social Security trustees report, which gauges these timelines, is expected to be released this month.

CNBC 6d ago

Live: Joyce warns against 'hubris' as One Nation pulls ahead of Labor in poll

live Federal politics live: Joyce warns against 'hubris' as One Nation pulls ahead of Labor in poll One Nation recruit Barnaby Joyce says politics in Australia has changed as he welcomes the results of an opinion poll that suggests his party now has more support than Labor. Follow all the updates in our live blog.

ABC Australia 9d ago

‘Everybody’s a little behind’ in safeguarding against drones at World Cup, says US homeland security secretary

Homeland Security Secretary Markwayne Mullin on Wednesday acknowledged that the agency is still playing catch-up when it comes to countering drones, even as the threat tops the agency’s list of concerns ahead of major events like the upcoming FIFA World Cup. “We have spent a tremendous amount of ability and money to be able to be very offensive with drones, but on the counter-drone measures, everybody’s a little behind,” Mullin said in response to a lawmaker’s question about the World Cup...

Politico EU 7d ago

The Uncertain Future of the Smithsonian’s Smallest Museum

In 1969, the Anacostia Neighborhood Museum, in Washington, D.C., debuted a new exhibit: “The Rat: Man’s Invited Affliction.” The display—complete with live rats—was different from what people were used to seeing from the venerable Smithsonian Institution. At the time, the main event at the Museum of History and Technology (now the National Museum of American History) was an exhibit that focused on the fanfare of presidential campaigns and conventions.

The Atlantic 7d ago

Liberals grapple with age, gender problems in new party paper

analysis Liberal Party quietly publishes paper grappling with party's failure to attract women, young people Mon 1 The Liberals have quietly published a paper that floats offering a cut price $10 digital membership to join the party, in an effort to offset its declining numbers, which it says without renewal, leave the party effectively operating as a leaky bucket. Under the proposal up for discussion, the party would offer a range of memberships from a community tier priced between $40 to...

ABC Australia 9d ago

Court system 'in a shambles' after transcription service goes bust

Court transcription company VIQ Solutions to be shut down, mass redundancies expected Fri 5 Jun 2026 at 12:52pm There are fears mass redundancies at Australia's main transcription service could leave court cases around the country in limbo after it was revealed VIQ Solutions would be wound down. The ABC understands all VIQ Solutions court transcribers are expected to be made redundant and no further orders for transcripts will be accepted through its portal. However, the Federal Court said...

ABC Australia 5d ago

The most contentious parts of the NDIS bill being scrutinised today

The most contentious parts of the NDIS bill being scrutinised today Tue 9 Jun 2026 at 4:51am Senators will today begin presiding over three days of hearings into legislation paving the way for the Albanese government to make the biggest ever cuts to the National Disability Insurance Scheme (NDIS). Australians were given just more than a fortnight to make submissions on the highly technical 113-page bill, which is accompanied by nearly 300 pages of explanatory notes and was referred to the...

ABC Australia 1d ago

Mamdani makes ‘high-risk, high-reward’ move to reshape New York’s voice in Washington

New York Mayor Zohran Mamdani is seeking to put his stamp on the city’s congressional delegation with a trio of endorsements against incumbent lawmakers and their picks, a move that could further expand the power of his democratic socialist movement or thwart its progress — and dent his own image in the process. “This is high-risk, high reward,” said Rebecca Katz, the prominent Democratic strategist and ally whose firm worked with Mamdani during his 2025 run. “He’s not afraid to take some...

NBC News 4d ago

Bessent sets record straight on Trump team dinner clash that nearly turned into a throwdown: ‘Kick his a--’

Treasury Secretary Scott Bessent downplayed his past clash with Bill Pulte, President Donald Trump’s newly tapped acting intelligence chief, after senators pressed him Wednesday over reports that he once threatened to punch him at a dinner party. "Did you actually tell Pulte you were going to punch them in the face," asked North Carolina Republican Sen. Thom Tillis on Wednesday, referencing reports from 2025 that Bessent threatened Pulte during a dinner. "No sir, I actually said I was going...

Fox News 6d ago

Bessent sets record straight on Trump team dinner clash that nearly turned into a throwdown: ‘Kick his a--’

Treasury Secretary Scott Bessent downplayed his past clash with Bill Pulte, President Donald Trump’s newly tapped acting intelligence chief, after senators pressed him Wednesday over reports that he once threatened to punch him at a dinner party. "Did you actually tell Pulte you were going to punch them in the face," asked North Carolina Republican Sen. Thom Tillis on Wednesday, referencing reports from 2025 that Bessent threatened Pulte during a dinner. "No sir, I actually said I was going...

Fox News Politics 6d ago