A new survey finds roughly 78 percent of Americans oppose raising the Social Security full retirement age, signaling broad public resistance to one of the most frequently discussed mechanisms for shoring up the program's long-term finances. The finding cuts across party lines, suggesting the position is not confined to any single political constituency. Social Security's full retirement age currently sits at 67 for those born after 1960, and the program's trust funds are projected to face a funding shortfall within roughly a decade under current law. Raising the retirement age is often proposed as a cost-reduction lever because it effectively reduces lifetime benefits for retirees who claim at the same age. Lawmakers weighing Social Security reform face a stark tension: actuarial pressure to adjust benefits or revenue, against a political environment where the most direct cost-containment tools draw near-universal opposition. Any legislative push to extend the retirement age would require navigating that constraint in an already divided Congress.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
