Published May 13, 2018 Markets Motley Fool Facebook Twitter Comments Print Each and every month, some 62 million eligible beneficiaries, almost 7 out of 10 of which are retired workers, receive a Social Security check. This is a figure that's expected to grow over time as Americans live longer, and as baby boomers exit the workforce and enter retirement. For many retirees, Social Security isn't just some check they receive each month. It's much more than that. Data from the Social Security Administration finds that 62% of current retirees lean on their monthly benefit for at least half of their income, with 34% pretty much wholly reliant on Social Security for 90% to 100% of their monthly income. At the end of the day, Social Security keeps millions of retirees above the federal poverty line. Continue Reading Below America's most important social program is on thin ice But this crucial program is in some pretty big trouble. Last year's Social Security … [Read more...] about What Happens to Social Security if Democrats Win the Midterm Elections?
By Leia Klingel Published May 08, 2018 Politics FOXBusiness Facebook Twitter Comments Print video Karl Rove on midterms: Trump will be a big presence in the election Karl Rove, former White House chief of staff under President George W. Bush, on the fallout from President Trump's payment to attorney Michael Cohen, the midterm election and the trade talks with China. There are some high-stakes primaries for the GOP on Tuesday, six months before the midterm elections. Continue Reading Below The primaries may give investors a sense of what will happen in November, when all 435 seats in the U.S. House of Representatives and 35 of 100 seats in the Senate will be contested. According to Wells Fargo, current polls show a likelihood of a Democratic takeover in the House while it is likely that the Republicans will hang on to a Senate majority. The bank said that congressional turnover is common in a U.S. president’s second year in office. … [Read more...] about Midterm elections and stocks: How to gain no matter who wins
Supported by Economy By BEN CASSELMAN and JIM TANKERSLEYAPRIL 17, 2018 Continue reading the main story Share This Page Continue reading the main story President Trump’s trade policies enjoy the strong backing of his supporters but are less popular among independents, moderate Republicans and others whose votes could decide control of Congress in the midterm election this fall. That could complicate Republicans’ plans to make their economic record a central argument in their case for re-election.Over all, Americans are about evenly split on the steel and aluminum tariffs that Mr. Trump announced early last month, according to a survey conducted in early April for The New York Times by the online polling firm SurveyMonkey. Support split mostly along predictable partisan lines, with 78 percent of Republicans supporting Mr. Trump’s tariffs and 74 percent of Democrats opposing them.Only 68 percent of self-described moderate Republicans said they supported the … [Read more...] about Divides Over Trade Scramble Midterm Election Messaging
Republican donors and lawmakers are becoming increasingly concerned that the 2018 midterm elections could be a bloodbath for GOP candidates. While focusing on capturing swing districts, the Republican Party is also looking to secure congressional districts in more conservative areas. This November’s midterm elections could deliver a serious blow to the GOP’s majority control over the House and Senate. Republican donors and lawmakers are becoming increasingly concerned that the 2018 midterms could be a bloodbath for GOP candidates, according to Politico. This fear that few Republican candidates are safe has prompted party leaders to take a number of measures to ensure that the House and Senate do not flip to the Democrats. Along with continuing to focus on defending swing districts, the GOP is now looking to secure congressional seats in more reliably red, conservative districts that backed President Donald Trump in … [Read more...] about Republicans are bracing themselves for a coming bloodbath in the midterm elections
Joe Perticone, provided by Published 11:18 am, Wednesday, April 11, 2018 Win McNamee/Getty Images House Speaker Paul Ryan on Wednesday announced he would not run for reelection, becoming the latest Republican to plan to depart Congress ahead of the midterm elections this year. Ryan's retirement could signal to other Republicans that tough reelection bids might not be worth the fight. WASHINGTON — When House Speaker Paul Ryan told his colleagues on Wednesday that he would retire at the end of the year, he signaled what many Republicans are already thinking: Midterm elections will be rough for the GOP if it wants to keep its majority. Recommended Video: Now Playing: Republican House Speaker Paul Ryan will not run for re-election, according to people close to the Wisconsin lawmaker. Media: Fox10Phoenix Ryan insisted he did not think vulnerable congressional seats and close races were "going to hinge on whether Paul Ryan is speaker or not." "I gave it … [Read more...] about Paul Ryan’s retirement could signal a disastrous midterm election cycle for Republicans