US NATIONAL NEWS
Social Security recipients expected to get big benefit boost
Published
4 years agoon
WASHINGTON (AP) — Millions of Social Security recipients will learn soon just how high a boost they’ll get in their benefits next year.
The increase to be announced Thursday, expected to be the largest in 40 years, is fueled by record high inflation and is meant to help cover the higher cost of food, fuel and other goods and services. How well it does that depends on inflation next year.
The boost in benefits will be coupled with a 3% drop in Medicare Part B premiums, meaning retirees will get the full impact of the jump in Social Security benefits.
The announcement comes just weeks before the midterm elections, and at a time when Democrats and Republicans are sparring about high prices now and how best to shore up the program financially in the future.
President Joe Biden has pledged to protect both Social Security and Medicare. “I’ll make them stronger,” he said last month. “And I’ll lower your cost to be able to keep them.”
White House press secretary Karine Jean-Pierre said in a statement Wednesday that the combination of a Social Security benefit boost and a decline in Medicare premiums will give seniors a chance to get ahead of inflation. “We will put more money in their pockets and provide them with a little extra breathing room,” she said.
About 70 million people — including retirees, disabled people and children — receive Social Security benefits. This will be the biggest increase in benefits that baby boomers, those born between the years 1946 and 1964, have ever seen.
Willie Clark, 65, of Waukegan, Illinois, says his budget is “real tight” and the increase in his Social Security disability benefits could give him some breathing room to cover the cost of the household expenses he’s been holding off on.
Still, he doubts how much of the extra money will end up in his pocket. His rent in an apartment building subsidized by the U.S. Department of Housing and Urban Development is based on his income, so he expects that will rise, too.
Social Security is financed by payroll taxes collected from workers and their employers. Each pays 6.2% on wages up to a cap, which is adjusted each year for inflation. The maximum amount of earnings subject to Social Security payroll taxes for 2023 is $155,100.
The financing setup dates to the 1930s, the brainchild of President Franklin D. Roosevelt, who believed a payroll tax would foster among average Americans a sense of ownership that would protect the program from political interference.
Next year’s higher payout, without an accompanying increase in Social Security contributions, could put additional pressure on a system that’s facing a severe shortfall in coming years.
The annual Social Security and Medicare trustees report released in June says the program’s trust fund will be unable to pay full benefits beginning in 2035.
If the trust fund is depleted, the government will be able to pay only 80% of scheduled benefits, the report said. Medicare will be able to pay 90% of total scheduled benefits if the fund is depleted.
In January, a Pew Research Center poll showed 57% of U.S. adults saying that “taking steps to make the Social Security system financially sound” was a top priority for the president and Congress to address this year. Securing Social Security got bipartisan support, with 56% of Democrats and 58% of Republicans calling it a top priority.
Some solutions for reforming Social Security have been proposed — but none has moved forward in a sharply partisan Congress.
Earlier this year, Sen. Rick Scott, R-Fla., issued a detailed plan that would require Congress to come up with a proposal to adequately fund Social Security and Medicare or potentially phase them out.
Senate Minority Leader Mitch McConnell, R-Ky., publicly rebuked the plan and Biden has used Scott’s proposal as a political bludgeon against Republicans ahead of midterm elections.
“If Republicans in Congress have their way, seniors will pay more for prescription drugs and their Social Security benefits will never be secure,” Jean-Pierre said.
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Politics
FORMER PRESIDENTS, CIVIL RIGHTS LEADERS GATHER FOR OPENING OF OBAMA PRESIDENTIAL CENTER
Published
6 days agoon
June 18, 2026CHICAGO (FNN NEWS) — The long-awaited Barack Obama Presidential Center officially opened Thursday with a star-studded dedication ceremony on Chicago’s South Side, drawing former presidents, national leaders, celebrities, and thousands of invited guests.
The ceremony began at 11 a.m. CDT with Chicago native and Grammy Award-winning singer Jennifer Hudson performing the national anthem.
Obama Center Opens
Former President Barack Obama and former First Lady Michelle Obama delivered remarks celebrating the opening of the center, which is designed to serve as a cultural, educational, and civic engagement hub.
The opening marks the formal debut of one of the most anticipated presidential centers in modern history. The campus opens to the public on Juneteenth and is expected to attract visitors from across the United States and around the world.
Former Presidents in Attendance
Among the dignitaries attending the ceremony were:
- Former President Joe Biden
- Former President George W. Bush
- Former President Bill Clinton
- Former First Lady Jill Biden
- Former First Lady Laura Bush
- Former Secretary of State and former First Lady Hillary Clinton
National Leaders and Celebrities Attend
The event also attracted prominent political leaders, civil rights advocates, entertainers, and business leaders, including:
- California Gov. Gavin Newsom
- Pennsylvania Gov. Josh Shapiro
- Civil rights leaders Andrew Young and Al Sharpton
- Media icon Oprah Winfrey
- Comedians David Letterman, Conan O’Brien, and Stephen Colbert
- Actor Tom Hanks
- Tennis legend Billie Jean King
- Chicago Cubs Chairman Tom Ricketts
Several attendees, including Newsom and Shapiro, are widely viewed as potential contenders for the 2028 Democratic presidential nomination.
A Landmark for Chicago’s South Side
The opening of the Obama Presidential Center represents a significant milestone for Chicago’s South Side, bringing national attention, tourism, and economic development opportunities to the community.
Thousands of invited guests attended the ceremony, while residents and supporters gathered at a free public watch party to celebrate the historic occasion.
The center is expected to serve as a lasting tribute to the legacy of the nation’s 44th president while inspiring future generations of leaders through civic engagement, education, and public service.
About the Obama Presidential Center
The Obama Presidential Center is a world-class campus dedicated to preserving and advancing the legacy of President Barack Obama and First Lady Michelle Obama. The center includes museum exhibits, public gathering spaces, educational programming, and community resources aimed at fostering leadership and civic participation.
Politics
State Department Offers Up to $15 Million in Rewards for MS-13 Leaders Wanted on Terrorism, Drug Trafficking Charges
Published
6 days agoon
June 18, 2026WASHINGTON (FNN NEWS) — The U.S. Department of State announced Thursday that it is increasing reward offers totaling up to $15 million for information leading to the arrest and/or conviction of two senior leaders of Mara Salvatrucha (MS-13), a transnational criminal organization designated as a Foreign Terrorist Organization (FTO).
Reward Offers Increased
The State Department’s Bureau of International Narcotics and Law Enforcement Affairs announced a reward of up to $10 million for information leading to the arrest and/or conviction of Yulan Adonay Archaga Carías, also known as “Porky,” and up to $5 million for information leading to the arrest and/or conviction of Víctor Eduardo Morales Zelaya, also known as “Cuervo.”
The reward offers were announced by Thomas “Tommy” Pigott, spokesperson for the U.S. Department of State.
MS-13 Leadership in Honduras
According to federal court documents, Archaga Carías and Morales Zelaya are the highest-ranking members of MS-13 operating in Honduras. Authorities allege they direct the gang’s criminal operations, including:
- Drug trafficking
- Money laundering
- Murder
- Kidnappings
- Other violent criminal activities
Federal authorities also allege the two men are responsible for coordinating the importation of significant quantities of cocaine into the United States. Both remain fugitives.
Among America’s Most Wanted
Archaga Carías is listed on the FBI’s Ten Most Wanted Fugitives list and is also among the most wanted fugitives sought by the Drug Enforcement Administration (DEA) and Homeland Security Investigations (HSI).
The case is part of the Homeland Security Task Force (HSTF) established under Executive Order 14159. The task force is a permanent, whole-of-government initiative focused on dismantling criminal cartels, foreign gangs, transnational criminal organizations, and human smuggling and trafficking networks operating in the United States and abroad.
How to Provide Information
The reward offers were authorized by the Under Secretary for Arms Control and International Security under the Transnational Organized Crime Rewards Program (TOCRP), which supports global law enforcement efforts to combat transnational criminal organizations.
Anyone with information is encouraged to contact the FBI through WhatsApp, Signal, or Telegram at +1-832-267-1688.
Individuals located outside the United States may also contact the nearest U.S. embassy or consulate. Those within the United States may contact their local FBI field office.
Confidentiality Guaranteed
U.S. officials emphasized that all identities of individuals providing information will be kept strictly confidential. Government officials and employees are not eligible for rewards based on information obtained through their official duties.
US NATIONAL NEWS
Rubio, Jaishankar Discuss Strait of Hormuz Security During Diplomatic Call
Published
2 weeks agoon
June 13, 2026WASHINGTON (FNN NEWS) — U.S. Secretary of State Marco Rubio spoke with Indian External Affairs Minister Subrahmanyam Jaishankar to discuss recent developments in the Strait of Hormuz, according to a State Department readout released Friday.
According to Principal Deputy Spokesperson Tommy Pigott, the conversation focused on maritime security and commercial shipping in one of the world’s most strategically important waterways.
Focus on Maritime Security
During the call, Rubio stressed that commercial vessels operating in the Strait of Hormuz should immediately comply with instructions issued by U.S. forces as they work to maintain regional peace and security.
The secretary also emphasized U.S. concerns regarding the transportation of Iranian oil and warned that violations of U.S. enforcement measures would not be tolerated.
Critical Global Waterway
The Strait of Hormuz serves as a vital shipping route connecting the Persian Gulf to international markets and is one of the world’s most important energy transit corridors. Any disruption to commercial traffic through the region can have significant implications for global energy supplies and international trade.
The call highlights continued diplomatic coordination between the United States and India on regional security issues and freedom of navigation in key international waterways.