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Alex Ossola

👤 Speaker
9756 total appearances
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Podcast Appearances

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

President Trump has accused Iran of shooting down a U.S.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Apache helicopter near the Strait of Hormuz and says the U.S.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

must respond.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

The development threatens to shatter a fragile ceasefire between Iran and the U.S.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

The downing of the helicopter late yesterday set off a race to find the two American crew members before Iranian forces could close in on them.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

The military says that in a first-of-its-kind operation at sea, a drone boat rescued the crew, who had spent two hours in the water off the coast of Oman.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Iran didn't deny that it shot down the helicopter, but the country's foreign minister suggested that taking it down had been an accident.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

And NASA has chosen four astronauts for its next Artemis mission as it prepares for a moon landing in 2028.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

There is Mission Commander Randy Bresnik, a retired Marine Corps colonel who became a NASA astronaut in 2004.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Also coming on the mission are Andre Douglas, who served in the Coast Guard as a naval architect, Frank Rubio, who once spent more than a year aboard the International Space Station, and Luca Parmitano, who's representing the European Space Agency.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Artemis 3 won't take them to the moon or around it as the previous flight did.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Instead, it will test hardware and vehicles that NASA intends to use for the eventual moon landing.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Their flight is expected to launch next year.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

It will spend about two weeks in low-Earth orbit.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

If you're American, you may already know that the fund that pays out Social Security is expected to be depleted within the next decade.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Social Security's trustees said today that the deadline is actually coming a few months earlier than they had previously projected.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Now it'll be in late 2032.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Ann Tergesen, who covers retirement and personal finance for the journal, says there are a few reasons why the shortfall is coming earlier.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

But Ann says there's no need to panic quite yet that the fund only pays for a portion of the overall Social Security benefits.

WSJ What’s News
Why the Social Security Shortfall Is Coming Sooner

Turning to the US economy, new data from the Commerce Department show that the trade deficit was almost unchanged in April, coming in at about $56 billion.