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Social security News

Op-Ed: Fix Social Security shortfall by transferring funds from defense

The new annual report from the Social Security and Medicare boards of trustees has a dire prediction for the future of Social Security. Most dire is the prediction that Social Security Disability Insurance will run out of funds by late 2016.

Op-Ed: The Price of Freedom — What are we sacrificing now?

The proposed budget cuts by the Secretary of Defense are nothing more than a red herring from an administration with out of control spending habits, desperate to make the Affordable Care Act work, and a habit of targeting the military.

Report: Americans hold positive attitudes on aging populations

In a new study published by the Pew Research Center, American attitudes toward aging and their projected prospects in their golden years are seen as firmly positive.

Pro-senior lobby 'terrifies' some GOP lawmakers in budget talks

The pro-senior lobby in Washington, led by AARP and its 37 million members, as well as unions and Democratic-activists, stand between those ready to cut Social Security and Medicare benefits. Lawmakers are terrified of these groups, and with good reason.

Op-Ed: Branding error may save Obamacare

Many a good product has died on the vine in the U.S. because of branding errors. Obamacare may be one that is saved because its Tea Party critics aren’t calling it what it is: “socialized medicine.”

Poll shows retirees rethinking the 'American Dream'

Older Americans are looking at retirement in a different light than their grandparents. Workers reaching retirement age are discovering Social Security is not the safety net they thought it would be, nor is it the wished for "American Dream."

Op-Ed: Media talks of fantasy debt settlement

Just as football lovers have their fantasy team, many in the media see a settlement coming in the debt crisis that could devastate world economies. This from leaders who haven't been able to agree on much of anything.

Debt fiasco damaging U.S. reputation

With the U.S. fast approaching a debt payment failure the nation’s reputation already is suffering around the world. Leaders say the world will not be the same.

Op-Ed: Should people be forced to save for retirement?

Ottawa - In Canada, the United States and elsewhere across the globe, the citizenry lives in a society of mandates, force and coercion.

Op-Ed: Those entering retirement should know Social Security options Special

Sonoma - As the baby-boomer generation goes into retirement, they will need to know some of the important details about Social Security Benefits, says Kevin Hillburn of The Prudential of northern California.

Op-Ed: Spain has an economic plan, it looks vaguely familiar

Madrid - Spain is moving in a different direction now, although the Spanish economy is still faltering, they do have a plan. It looks nothing like the American plan for recovery.

Op-Ed: Obama will agree to sell out seniors in changing Social Security

Washington - Obama will agree to a change in the Cost of Living Adjustments(COLA) for Social Security benefits that would slash $129 billion from payments over the next decade.

Finance Minister tells elderly Japanese people 'Hurry up and die'

Tokyo - According to the Finance Minister of Japan, the elderly should be allowed to end their lives in peace, without any artificial medical support.

Author Kay Goss discusses book about politician Wilbur D. Mills Special

Goss' new book, Mr. Chairman - The Life and Legacy of Wilbur D Mills, chronicles the life and career of the longest continuously serving chairman of the House Ways and Means Committee whose name is synonymous with power, scandal, and recovery.

Op-Ed: Aggressive Federal Reserve appears to be listening to Americans

The Federal Reserve today acted boldly, announcing the continuation of historically low interest rates and a $40 Billion a month plan to buy mortgage bonds. As the economy struggles to recover can this bold move work to right the economy?

Supreme Court: In vitro children may not be due survivor benefits

Washington - The Supreme Court has ruled that children conceived from a deceased father's sperm are not necessarily entitled to Social Security benefits.

Report: U.S. Social Security, Medicare funds to run out by 2035

Washington - A report published Monday afternoon states that the United States' Social Security and Medicare funds will be completely gone by the year 2035 and eventually reduce its benefits payments to seniors unless Congress intervenes.

Op-Ed: Milton Friedman - an appraisal five years after his death

The free market economist Milton Friedman died November 16, 2006; he was awarded the 1976 Nobel Prize for Economics, but how do his ideas shape up today?

Two sides of Social Security at the Intelligence Squared debate Special

New York - At the Intelligence Squared debate on Tuesday evening, both sides found their voice on the solvency questions and the issues of sustainability in Social Security and Medicare.

Op-Ed: Basic income — The only real solution to ‘unemployment’

The myth of the benefits culture is pushed by governments on both sides of the Atlantic because politicians and our over-paid economists are incapable of seeing the real problem.

Pelosi upset with compromise, meeting with Obama on Friday

After President Obama publicly spoke on the nature of the talks with Republican lawmakers over the nation's debt ceiling on Thursday, House Minority Leader Nancy Pelosi expressed alarm over potential compromises ahead of their meeting on Friday.

Op-Ed: Who benefits from welfare benefits?

An article about a forthcoming academic conference at the British Library Conference Centre which will discuss the welfare system in Britain: who benefits from it, and who doesn't.

Pawlenty: Obama 'irresponsible and reckless' on financial crisis

After a new annual report was issued that demonstrated a more urgent need for Social Security and Medicare reform, Republican presidential candidate and former Minnesota Governor Tim Pawlenty urged the White House to act.

Op-Ed: 2037 — The democrats' new Social Security lock box

Social Security insolvency: It's not as bad as you've heard... it's worse... and democrats are working hard to find a way to blame the collapse on Republicans.

U.S. House to vote on $250 payments to social security recipients

Washington - The House will vote in November on a bill to provide $250 payments to Social Security recipients to make up for the lack of a cost-of-living increase for next year, House Speaker Nancy Pelosi said Thursday.

U.S. Social Security says no cost-of-living-adjustment for 2011 Special

Washington - The US Social Security Administration announced there will be no-cost-of-living-adjustment in 2011 for Social Security payments, the second straight year without an increase.

Social Security issues emerge ahead of midterm elections

After it was revealed that over $22 million was paid out to dead and incarcerated Social Security recipients and that benefits will not be increased in 2011, the program reemerges as a question ahead of key midterm elections.

Class Action Civil Case Taken Against Social Security Special

Ironically, as the Americans with Disabilities Act commemorates its 20th Anniversary, California legal advocates gave a press conference on July 27.

U.S. Social Security paying out more than it's taking in

Washington - In an annual trustees' reports on the fiscal health of Social Security and Medicare, it shows that social security will be paying out more than its taking in, which has come six years sooner than what was projected in 2009.

U.S. Congress pay rises 1,458% more than Social Security checks

Washington - Since 1990 senior citizens have seen their Social Security benefit increase by a total of $4,967. Too bad they aren't part of Congress, because during the same time period, members of Congress saw their paychecks grow $77,400 during the same time period.
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Franklin Delano Roosevelt signing the Social Security Act of 1935.
Franklin Delano Roosevelt signing the Social Security Act of 1935.
Social Security Administration
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President Kennedy signing the 1961 Amendments into law  June 30  1961. Shown with the President are ...
President Kennedy signing the 1961 Amendments into law, June 30, 1961. Shown with the President are (left to right) Rep. Carl Albert (D-OK); Rep. Wilbur Mills (D-AR); Sen. John J. Williams (R-DE); Rep. Thomas J. O'Brien (D-IL); Vice President Lyndon B. Johnson; Sen. Robert S. Kerr (D-OK); Rep. John W. Byrnes (R-WS); Abraham Ribicoff, Secretary of Health, Education, and Welfare; and Wilbur J. Cohen, Assistant Secretary of Health, Education, and Welfare. SSA History Archives.
Social Security Administration
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Social Security Administration
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Left and Right squared off at the Intelligence Squared debate at New York University.
Left and Right squared off at the Intelligence Squared debate at New York University.
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