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News Bush Administration overpaying Social Security benefits by billions annually
PJ Star (thanks to Jean C.)
The Social Security Administration's disability program loses billions of dollars through overpayments and payments to ineligible beneficiaries. The report estimated overpayments of $5.1 billion identified between October 2003 and November 2005.
News Social Security and Medicare will be broken sooner then expected
The Social Security trust fund will be exhausted by 2040, a year before expected, and Medicare will exhaust its trust fund by 2017 just 11 years from now, trustees for the program said Monday.
News More proof this is a ponzi scheme
The Social Security Administration has found a place to cut corners: several catagories of disability-benefit recipients who the agency said can wait 2 more years to start collecting, no matter how much hardship the move might cause.
News The Truth about Social Security
Supreme Law Library
After reading the article about how college students are coming here to get news, this is pertainent to you. Do a search under "Nestor v. Fleming", and "Helvering v Davis". These 2 cases prove that Social Security is indeed on o
News Bush floats indexing benefits for Social Security
President George Bush put Social Security reform on his list of "big items" to deal with in the final two years of his presidency, possibly including indexing benefits for wealthier Americans.
News Totalization is a Bad Idea
by U.S. Rep. Ron Paul, M.D. (R-TX)
A 2004 agreement between the US and Mexico will allow hundreds of thousands of noncitizens to receive Social Security benefits, a so-called totalization plan between the two nations. Social Security never was intended as a foreign aid program
News AARP to push for Social Security Fix
(this is one organization I will NEVER join) AARP officials said Wednesday they will push hard to revamp Social Security to maintain the social insurance program's solvency and fiscal health. Changes need to be made in the program to head
News Old-age security without the state
Social security systems around the developed world are faced with a looming financing crisis. Unfunded pay-as-you-go(PAYGO) schemes are heading towards bankruptcy due to rising longevities, low fertility, and declining labor forrce participation rat
News Social Security, Medicare: Good news
The trust funds for Social Security and Medicare will last a year longer than previously estimated, trustees said. That means 2041 for the Social Security trust fund to be exhausted and 2019 for Medicare. [Wow, good news suckers.]
News A safety net safer than Social Security
So by the time my daughter turns 70, those $2,000 annual gifts will have grown to more then $30 million! In fact, the account would make her a millionaire by the time she was 40. Imagine going through life with that kind of safety net
News First Boomer Files for Social Security
10,000 people per day will become eligible for Social Security benefits for the next two decades. A retired teacher from New Jersey gets the ball rolling.
News Social Security Surveillance Act Enters House (H.R. 5405)
RTR Libertyville, IL - Under the guise of protecting seniors and our national security, Congressman Mark Kirk of Illinois 10th District and Peter Roskam of the 6th District are setting the wheels in motion for another crack at a national ID card.
News Government trustees: Social Security Unsustainable
Trustees for the government's two biggest benefit programs warned that Social Security and Medicare are facing "enormous challenges" with the threat to Medicare's solvency far more severe.
News HR5405: Secure Social Security Card ***ACTION ALERT***
CHANGE regrets to inform you of yet another plot to enslave the American people in an unconstitutional framework of databases under the guise of security.
News Bush administration freezing cuts in Medicare fees
The Bush administration is freezing a scheduled 10% fee cut for doctors who treat Medicare patients. The administration's delay spares lawmakers from having to use the recess to explain to seniors why they didn't do the job before leaving tow
News McCain backs off his no-new-tax pledge
Republican presidential candidate John McCain's signal that he may be open to a higher payroll tax [on young people] for Social Security [to keep his SS checks coming], despite previous vows not to raise taxes of any kind, is drawing sharp rebuke
News So Much for the Social Security Surplus
The Mess That Greenspan Made
Among the plethora of new ills plaguing the U.S. economy as it goes stumbling toward its uncertain future is a problem that, until very recently (meaning two days ago), was believed to be one reserved for the latter half of the next decade - the dwin
News Social Security and Medicare alone will bankrupt US
(It's over folks) Here's the good news: future costs of Social Security and Medicare won't require higher taxes. Now here's the bad news: the reason these programs won't require higher taxes is that they'll be so expensive
News Social Security and Medicare finances worsen
The financial health of the government's two biggest benefit programs may have slipped over the past year, reflecting the deep recession that has already bitten into other areas of the budget.
The trustees for Social Security and Medicare are
News Alarm Sounded On Social Security
The financial health of the Social Security system has eroded more sharply in the past year than at any time since the mid-1990s. Medicare has become more fragile as well and is at greater risk than Social Security of imminent fiscal collapse.
News Fix is hard for Medicare, Social Security finances
Medicare and Social Security will go broke sooner rather than later because of the recession. With millions of baby boomers beginning to leave the work force, the cost of these popular benefit programs threatens to swamp the government in debt
News The Social Security Scam
The release of the 2009 Social Security Trustees Report indicates that the current economic crisis has negatively impacted the Social Security budget. It's now projected that by 2016 Social Security spending will exceed revenues.
News Social Security Administrators Throw Themselves $700.000 Bash
Just a Girl in Shorts
This week Social Security administrators and managers threw themselves a $700,000 Bash at Phoenix Biltmore Resort and Spa--at taxpayer expense
News Social Security Adminstrator's $700,000 Bash in Phoenix
This week social security administrators and managers met in the Phoenix Biltmore Resort and Spa for a $700,000 bash.http://bit.ly/WnlQK
News Social Security spends $700,000 on Phoenix conference
KAET 15 TV (ABC)
A Social Security Administration motivational management conference
held at a high-end Valley resort last week cost $700,000, the SSA told
the ABC15 Investigators.
Costs for the conference at the Arizona
Biltmore Resort & Spa included airfare, hotel entertainment,
dancers, motivational speakers, and food, an administration official
A spokesperson outside the SSA's Phoenix office declined to comment.
News Obama Facing Looming Social Security Crisis
As Congress agonizes over health care, an even more daunting and dangerous challenge is bearing down: how to shore up Social Security to keep it from burying the nation ever deeper in debt.
What to do about mushrooming government payments as millions of baby boomers retire? How about a giant federal Ponzi scheme? That might work for a while.
But wait. That's pretty much the current system. Social Security takes contributions from today's workers and uses them to pay the old-age benefits that were promised to retirees. But there are serious concerns how long that can last.
President Barack Obama has said he'll tackle Social Security and related "entitlement" programs when the health care overhaul is resolved
News How Were Social Security Numbers Given Away?
When Tropical Storm Chata'an struck the Federated States of Micronesia
in 2002, the U.S. government sent 1,300 blankets, 4,000 disposable
diapers, 30 cases of sardines and my Social Security number.