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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.
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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
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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
said.
A spokesperson outside the SSA's Phoenix office declined to comment.
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This week social security administrators and managers met in the Phoenix Biltmore Resort and Spa for a $700,000 bash.http://bit.ly/WnlQK
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This week Social Security administrators and managers threw themselves a $700,000 Bash at Phoenix Biltmore Resort and Spa--at taxpayer expense
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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.
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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
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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.
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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
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(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
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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
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Decline Medicare, and you won't get any Social Security.
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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
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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
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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”.
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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.
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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.
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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.
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With our country's finances stretched thin, our credit limit fast approaching, and our currency inflated to the breaking point, there is no indication yet of any urgency on the part of Congress to rein in spending. The predictable answer is tax
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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
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This is a great video showing the absurdity of Social Security. Bureaucrash crashed the "Take back America" forum.
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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.]
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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
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(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
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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
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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.
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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
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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.
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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.
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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.
