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Social Security expansion is possible despite future funding woes, advocates say

Social Security expansion is possible despite future funding woes, advocates say

Finance
Advocates for increasing Social Security's benefits are counting on today's release of the annual trustees report to provide some fodder for their cause.While the yearly analysis confirmed the program's long-term funding woes, proponents for expansion say it also proves the government can afford it."The numbers make it clear that the question about whether to expand or cut Social Security is a question of values, not affordability," said Nancy Altman, president of Social Security Works and chair of the Strengthen Social Security Coalition.The report, released this afternoon, echoed last year's projected revenue shortfalls starting in the mid-2020s and leading to a depleted surplus by 2035. At that point, unless Congress has taken steps to shore it up, the program will be able to fund about...
Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors

Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors

Finance
President Donald Trump's White House is "hell-bent" on imposing tariffs on steel and other imports, Axios reported FridayThe plan — which was pushed by Commerce Secretary Wilbur Ross and was supported by National Trade Council Peter Navarro and policy adviser Stephen Miller — would potentially impose tariffs in the 20 percent range, according to the report.During a "tense" meeting Monday, the president made clear he favors tariffs, yet the plan was met with heavy opposition by most officials in the room, with one telling Axios about 22 were against it and only three in favor, including Trump.The White House did not immediately respond to CNBC's request for comment, but White House Principal Deputy Press Secretary Sarah Huckabee Sanders said Trump hadn't made a final decision on steel tarif
Konta beats world number one Kerber despite nasty fall – report & video

Konta beats world number one Kerber despite nasty fall – report & video

Sports
Media playback is not supported on this device Eastbourne 2017Venue: Devonshire Park, Eastbourne Date: 26 June-1 JulyCoverage: Live across BBC Two, Red Button, Connected TVs and online.Johanna Konta showed her Wimbledon credentials with a dramatic win over world number one Angelique Kerber after recovering from a heavy fall on match point in the Eastbourne quarter-final.The British number one, 26, won 6-3 6-4 against Germany's Kerber to reach the Aegon International semi-finals.Konta took her fourth match point after a stoppage of almost 10 minutes as she needed treatment following the fall.Compatriot Heather Watson is also through after beating Barbora Strycova.Both Konta and British number three Watson reached the semi-finals by winnin...