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Keyword: socialsecurity

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  • Social Security Is the Titanic Headed For the Iceberg

    06/25/2015 7:51:26 AM PDT · by SeekAndFind · 18 replies
    RCM ^ | 06/25/2015 | Andrew Biggs
    There is bad news to come regarding Social Security - not merely for the "1 percenters" but for ordinary Americans, who must either pay more to Social Security or receive less from it. Expanding Social Security, as some of members of Congress have proposed, isn't rearranging the deck chairs on the Titanic. It is like adding more passengers. The Congressional Budget Office (CBO) recently released its latest financing projections for the Social Security program, showing a long-term funding shortfall that has more than quadrupled since 2008. The program's trust fund, which in 2008 the CBO projected would last until mid-century,...
  • The latest Social Security horror story

    06/22/2015 6:10:41 PM PDT · by BenLurkin · 10 replies
    Instead of accepting their application for benefits to begin at age 70, the agency's representative instead gives the person a six-month retroactive payment! This act resets the person's entitlement back to what it was six months prior and wipes out half a year of Delayed Retirement Credits (DRCs). The person loses 4 percent off their monthly benefit check in exchange for a six-month lump-sum payment they didn't ask for and don't want. ... "Based on SSA regulations, retroactivity is automatically applied to applications filed after FRA unless retroactivity is expressly restricted by the claimant," he wrote. "If this is a...
  • Big Changes Coming for Medicare, Social Security

    06/17/2015 10:38:47 AM PDT · by BradtotheBone · 44 replies
    Kiplinger ^ | June 16, 2015 | Martha Lynn Craver,
    Republicans will risk political pushback to put entitlement programs on the agenda during the presidential election. Some changes are in the wind for Social Security, Medicare and Medicaid—entitlement programs that account for 45% of the federal government’s payouts. Many of the changes are still years away. But some of them will start next year, smack in the middle of the presidential election campaign, forcing candidates to address issues that they and their advisers generally try to steer clear of when they’re running. Kicking off the rare election-year debate: a move to rescue the Social Security disability fund image: http://images.intellitxt.com/ast/adTypes/icon1.png before...
  • Hackers nabbed data on every federal employee, union claims

    06/11/2015 10:09:38 PM PDT · by dennisw · 15 replies
    FoxNews.com ^ | June 12, 2015
    A major cyberattack on U.S. federal personnel data was far graver than the Obama administration has acknowledged, with hackers obtaining information on every federal employee, the president of a government workers union claimed Thursday. In a letter to the director of the Office of Personnel Management (OPM), J. David Cox, national president of the American Federation of Government Employees (AFGE), said that based on the information provided by the OPM, the hack was much broader than previously thought. “Based on the sketchy information OPM has provided, we believe that the Central Personnel Data File was the targeted database, and that...
  • SHOULD WE RETIRE RETIREMENT?

    06/10/2015 7:37:19 AM PDT · by shortstop · 90 replies
    boblonsberry.com ^ | 06/10/15 | Bob Lonsberry
    I’m not sure retirement is a good thing. Not the way it’s done now. The way it’s done now, it seems to me that we’re marginalizing our most skilled workers, fostering idlers and turning old age into a near useless stage of life. It used to be that people didn’t retire. They worked til they died. And if they couldn’t work, hopefully their family or their church took care of them. But everyone who was physically and mentally able to do some useful task did so. The difficulty arose when people became what used to be called senile, or when...
  • Liberals Who Love Huckabee: I used to be one of them. I still sort of am.

    06/08/2015 8:40:58 PM PDT · by 2ndDivisionVet · 12 replies
    National Journal ^ | June 5, 2015 | Bob Moser
    I thought I could quit him. I swear I did. From the first time we met, in Iowa in 2007, Mike Huckabee was nothing but trouble, unsettling my fixed ideas, seducing me into pooh-poohing some of my staunchest convictions. The man was never really my type—the farthest thing from it—but you know how that can make an attraction stronger. Forbidden love and all that. Most of my friends, of course, never approved. He's not like the rest of them, I'd protest. When he says he hates Wall Street and wants to build infrastructure, he means it. He's a Republican poking...
  • Cruz roundup: Social Security plan, pitch-perfect speech, South Carolina logjam

    06/08/2015 1:58:26 PM PDT · by 2ndDivisionVet · 127 replies
    Sen. Ted Cruz outlined how he would fix Social Security, striking a balance between candidates who propose immediate cuts and those who wish to leave it mostly in place.(VIDEO-AT-LINK)Cruz said he’d keep benefits the same for seniors and those close to retirement in a June 4 interview with Fox News’ Neil Cavuto. For everyone else, he’d propose gradually increasing the retirement age, limiting the increase in benefits to the inflation rate and allowing workers to keep some of their tax payment in a private account. Cruz makes strong impression on conservative non-profit The Council for National Policy–a secretive, conservative non-profit...
  • Greenspan: US 'Way Underestimating' the National Debt

    06/07/2015 7:02:37 PM PDT · by BradtotheBone · 45 replies
    Newsmax ^ | Sunday, 07 Jun 2015 11:35 AM
    Alan Greenspan, former chairman of the Federal Reserve, said a Social Security Trust Fund does not exist and that the U.S. is “way underestimating” the size of its national debt. “The notion that we have a trust fund is nonsense – that trust fund has no meaning whatsoever except for the fact as an all private fund to benefit programs, if it runs out of money, you can only pay out in cash flows that come in but the probability that will happen is not particularly high,” Greenspan recently told the Fiscal Summit held by the Peter G. Peterson Foundation,...
  • Study: Social Security overpaid disability benefits by $17B

    06/05/2015 12:18:21 PM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Jun 5, 2015 3:09 PM EDT | Stephen Ohlemacher
    A government watchdog says Social Security overpaid disability beneficiaries by nearly $17 billion over the past decade. Many payments went to people who earned too much money to qualify for benefits, or to people who weren’t disabled anymore. Some payments went to people who had died or to prison inmates. …
  • Jeb Bush: Social Security Means-Testing 'Ought to Be Considered'

    06/01/2015 2:49:39 PM PDT · by BradtotheBone · 105 replies
    CNS News ^ | June 1, 2015 | Susan Jones
    (CNSNews.com) - Jeb Bush says he would considering pushing back the Social Security retirement age by as many as five years and scaling back benefits for Americans who paid into the system but who also have accumulated wealth. "We need to look over the horizon and begin to phase in, over an extended period of time, going from (age) 65 to 68 or 70. And that by itself will help sustain the retirement system for anybody under the age of 40," Bush, a potential contender for the Republican presidential nomination, told CBS's "Face the Nation" on Sunday. Bush also wants...
  • How Hackers Steal Your Social Security Number

    06/01/2015 6:06:16 AM PDT · by the_boy_who_got_lost · 8 replies
    LinkedIn.com ^ | Timothy Martens
    Your Social Security Number can be stolen in under an hour. And hundreds of website run by the government, universities and financial institutions among other companies are at fault. ... ... ... It works essentially in the following way. Is my victim's SSN 123-45-6789? No! Is my victim's SSN 123-45-6790? No! Is my victim's SSN 123-45-6788? Yes! ... ... ... Very commonly all the hacker needs is: A victim’s last name A victim's birth date A vulnerable website the victim uses. ... ... ... Are any big players exposing SSN’s? I have a list of hundreds of websites who are...
  • The new debate about Social Security

    05/28/2015 4:52:18 AM PDT · by Eric Pode of Croydon · 40 replies
    LifeHealthPro.com ^ | 15 April 2015 | Brenton Smith
    Between Chris Christie and Senator Warren (D-MA), Social Security reform is getting more media coverage today than at any time in the past 30 years. From hearing the details, you might conclude they are talking about different government programs. They aren’t. These people are part of the changing debate that is taking shape in Washington. For decades, any problem that developed within Social Security was fixed by shifting the cost to future workers. Today that isn’t possible. What is the problem? Social Security contains a massive imbalance between resources and promises. The Trustees of the Social Security’s Trust Funds estimate...
  • The Ticking Fiscal Time Bomb of Social Security

    05/12/2015 9:06:03 AM PDT · by Kaslin · 34 replies
    Finance Townhall.com ^ | May 12, 2015 | Daniel J. Mitchell
    America has a giant long-run problem largely caused by poorly designed entitlement programs such as Social Security, Medicare, and Medicaid. So when I wrote last month about proposals by some Democrats to expand Social Security, I was less than enthusiastic. …demographic changes and ill-designed programs will combine to dramatically expand the size of the public sector over the next few decades. So it’s really amazing that some politicians, led by the clownish Elizabeth Warren, want to dig the hole deeper. …I’m surprised demagogues such as Elizabeth Warren haven’t rallied behind a plan to simply add a bunch of zeroes to...
  • Mike Huckabee: Americans don’t want Social Security reform

    05/10/2015 12:21:05 PM PDT · by E. Pluribus Unum · 47 replies
    The Washington Times ^ | May 10, 2015 | S.A. Miller
    Republican presidential candidate Mike Huckabee said Sunday that his opposition to reforming Social Security doesn’t make him sound like a Democrat — but like an American. The former Arkansas governor has broken with his party and his rivals for the nomination by opposing GOP proposals to cut benefits or raise the retirement age for Social Seucurity and transform Medicare into a voucher-style program, measures aimed at preventing the popular programs from going broke. Read more: http://www.washingtontimes.com/news/2015/may/10/mike-huckabee-americans-dont-want-social-security-/#ixzz3ZlVVjFNC Follow us: @washtimes on Twitter
  • Harvard, Dartmouth: Social Security forecasts have been too optimistic — and increasingly biased

    05/09/2015 2:14:24 PM PDT · by T Ruth · 26 replies
    Hot Air ^ | May 9, 2015 | Ed Morrissey
    [snip] Studies from Harvard and Dartmouth this week corroborate Bush’s warnings on Social Security, and further accuse the SSA of increasing bias in its analyses in order to maintain the illusion of a slower decline: [snip] researchers find that the SSA’s actuarial forecasts have been consistently overstating the financial health of the program’s trust funds since 2000. “These biases are getting bigger and they are substantial,” said Gary King, co-author of the studies and director of Harvard’s Institute for Quantitative Social Science. “[Social Security] is going to be insolvent before everyone thinks.” … Researchers examined forecasts published in the annual...
  • Study: Social Security 'going to be insolvent before anyone thinks'

    05/09/2015 10:53:40 AM PDT · by SeekAndFind · 63 replies
    American Thinker ^ | 05/09/2015 | Rick Moran
    <p>According to the government, the Social Security trust fund is due to go broke in 2033. But two recent studies show that the Social Security Administration is using incorrect accounting procedures and that the fund will run out of the money years before that.</p>
  • Iowa Kingmaker Ditches Huckabee: He Sounds Like Hillary; I’m Going with Cruz

    05/08/2015 11:19:13 AM PDT · by 2ndDivisionVet · 37 replies
    Mediaite ^ | May 8, 2015 | Andrew Kirell
    Despite his socially-conservative bona fides, former Arkansas Gov. Mike Huckabee has officially lost the support of Iowa’s influential talk radio host Steve Deace — a dramatic shift from their supportive relationship in the 2008 Republican Party primaries. Deace has been described as a “hitmaker” and “one of the most powerful Republicans you’ve never heard of” because his stumping for Huckabee was seen as a substantial contributor to the former governor’s 2008 Iowa caucus victory. But, in 2016, Deace is not thrilled with Huckabee’s support for entitlement programs. As MMfA first reported, during the May 6 edition of the Steve Deace...
  • Trump: Huckabee can't protect entitlements like I can

    05/07/2015 8:41:37 PM PDT · by 2ndDivisionVet · 36 replies
    The Hill's Ballot Box ^ | May 7, 2015 | Mark Hensch
    New York real estate mogul Donald Trump said Thursday that former Arkansas Gov. Mike Huckabee (R) could not prevent funding cuts to entitlement programs if elected president in 2016. “Huckabee is a nice guy but will never be able to bring in the funds so as not to cut Social Security, Medicare & Medicaid,” Trump tweeted. “I will.” Trump, a possible 2016 GOP presidential candidate, also argued Huckabee was stealing his potential campaign ideas. “Huckabee copied me,” Trump wrote. “I was the first & only potential GOP candidate to state there will be no cuts to Social Security, Medicare &...
  • Americans don't like big government - but like programs like SS & Medicare

    04/30/2015 2:45:36 PM PDT · by entropy12 · 85 replies
    Yahoo.news ^ | 04/30/15 | Amanda Becker
    a new poll shows that Republican voters who rally to that cry still want to maintain many federal programs. The results, from an online poll of 4,770 adults from April 10 to 24, highlight a dilemma for Republican candidates such as Senator Rand Paul of Kentucky and Senator Ted Cruz of Texas who have made reducing the size of government a top campaign theme.
  • Christie's Social Security Reform Hurts America, Particularly Minorities

    04/22/2015 5:28:14 AM PDT · by Kaslin · 68 replies
    Townhall.com ^ | April 22, 2015 | Star Parker
    Some are touting New Jersey Gov. Chris Christie's proposal to take an ax to Social Security as an act of bold political leadership. Sorry, I see the opposite. America needs leadership to replace old dysfunctional baggage with new programs and ideas fitting for a free 21st-century country. We don't need those who think leadership is retrofitting the country into our old baggage. It's the latter that Christie proposes. His "solution" to the impending bankruptcy of Social Security is to phase out benefits for retirees earning $80,000 to $200,000 and above and increase the retirement age from 67 to 69, and...
  • Cuts in Social Security, Confiscation, or Wealth Redistribution?

    04/20/2015 5:05:31 PM PDT · by Sean_Anthony · 26 replies
    Canada Free Press ^ | 04/20/15 | Dr. Ileana Johnson Paugh
    If anything needs cutting or confiscating is the politicians' power and insatiable desire to spend the taxpayers' money The Governor of New Jersey, Chris Christie, gave a speech on Tuesday, April 14, 2015, in which he proposed, among other things, raising the retirement age from 67 to 69. He stated that, “We should remember that Social Security at its core should be retirement insurance. I’m suggesting that Americans pay into the system throughout the course of their life, knowing that it will be there, if they need it, to support them in their later years, so seniors will not grow...
  • Two Republicans Advocate Entitlement Reform: ‘Because We Have To,’ Christie Says

    04/20/2015 7:27:43 AM PDT · by Olog-hai · 91 replies
    Cybercast News Service ^ | April 20, 2015 - 6:58 AM | Susan Jones
    Both Sen. Lindsey Graham (S.C.) and New Jersey Gov. Chris Christie are speaking bluntly about entitlement reform, advocating means-testing for Social Security retirement benefits as a way to save the system for those who need it. “These are real ideas,“ Christie said in New Hampshire on Friday. “And, you know, I’ve had a lot of people say, ‘Well, why would you possibly want to suggest those things?’ Because we have to. We have to. And if you want to start a national conversation, let’s start one that matters.” “We’re $18 trillion in debt,” Graham told Fox News Sunday. “Eighty million...
  • Obama amnesty granted 500K+ Social Security numbers to illegal immigrants

    04/15/2015 12:11:22 PM PDT · by jazusamo · 49 replies
    The Washington Times ^ | April 15, 2015 | Stephen Dinan
    The administration has granted about 541,000 Social Security numbers to illegal immigrants under President Obama’s original 2012 deportation amnesty for Dreamers, officials told Congress in a letter made public Wednesday. That means almost all of the illegal immigrants approved for the amnesty are being granted work permits and Social Security numbers, opening the door to government benefits ranging from tax credits to driver’s licenses. Social Security officials, in the April 10 letter to Sens. Jeff Sessions and Ben Sasse, said they don’t keep track of how many illegal immigrants have been denied numbers, and defended their process for granting the...
  • Christie to propose overhaul of Social Security benefits (means-testing)

    04/14/2015 10:23:49 AM PDT · by reaganaut1 · 133 replies
    Associated Press ^ | April 14, 2015 | Jill Colvin
    MANCHESTER, N.H. (AP) -- Framing himself as a politician who's unafraid to share "hard truths" with the American people, New Jersey Gov. Chris Christie is proposing an income cap on Social Security benefits as part of major restructuring plan announced ahead of a likely presidential bid. The Republican is set to deliver a speech Tuesday in New Hampshire outlining his ideas on reforming Social Security, Medicare and Medicaid — so-called entitlement programs. As part of the plan, he'll propose phasing out Social Security payments for those making more than $80,000 in other income and eliminating them for those making $200,000...
  • How Do We Get Those Able to Work Off of Disability?

    04/09/2015 4:44:28 AM PDT · by SeekAndFind · 48 replies
    National Review ^ | 04/09/2015 | by ROMINA BOCCIA
    With the Social Security disability-insurance (SSDI) program heading toward insolvency before the end of next year, lawmakers are looking for reforms to help individuals with disabilities but the capacity to work to return to work. Why it is so hard to get them to do so? Olga Khazan explores the question in a new piece in The Atlantic. Even those awarded benefits for a temporary condition tend to stay on Social Security for the rest of their lives. It’s a tough but urgent question. The disability program has seen tremendous growth in both costs and the number of beneficiaries in...
  • Obama’s Latest SCREW UP Revealed After ‘Accidently’ Giving Away Your Money

    04/08/2015 5:01:57 AM PDT · by blueyon · 8 replies
    madworldnews/com ^ | 4/7/15 | Alisha Rich
    It has been revealed that thousands of taxpayer dollars have been approved to pay for disability benefits of hundreds of people that never should have received a dime, and it was all done because of an accident. The Social Security Administration (SSA) was approving some Puerto Ricans for disability benefits because they don’t speak English as their first language, but they all were residing in Puerto Rico — where Spanish is the predominant language.
  • Puerto Ricans Getting Disability Checks Because They Don't Speak English

    04/08/2015 4:17:32 AM PDT · by IBD editorial writer · 13 replies
    Investor's Business Daily ^ | 03/07/2015 | John Merline
    Is not knowing how to speak English a disability? According to the Social Security administration, it can be.
  • Feds Consider Puerto Ricans Disabled Because They Speak Spanish

    04/06/2015 12:56:28 PM PDT · by Kaslin · 60 replies
    The Washingon Free Beacon ^ | April 6, 2015 | Elizabeth Harrington
    95 percent of Puerto Ricans speak SpanishThe Social Security Administration (SSA) approved disability benefits for hundreds of Puerto Ricans because they do not speak English, despite the fact that Puerto Rico is a predominantly Spanish-speaking territory.According to a new audit by the Office of Inspector General (OIG), the agency is misapplying rules that are intended to provide financial assistance to individuals who are illiterate or cannot speak English in the United States. Under the rules, Puerto Ricans are allowed to receive disability benefits for their inability to speak English as well.“We found the Agency did not make exceptions regarding the...
  • Ted Cruz accused of wanting to repeal the 20th Century

    04/05/2015 1:40:14 PM PDT · by Marcus · 51 replies
    Houston Politics Examiner ^ | April 5, 2015 | Mark R. Whittington
    With Sen. Ted Cruz, R-Texas, the first major announced presidential candidate, surging in the polls and raking in campaign cash, it was inevitable that the push back would follow. The “Stop Ted Cruz” campaign got off to a roaring start in Salon, a magazine that has always disdained the man from Texas, with a Sunday article by Heather Cox Richardson, a college professor who teaches 19th century American history. Richardson’s indictment against Cruz is a beaut, accusing him of being part of a conspiracy started by the late William F. Buckley and furthered by the late Sen. Barry Goldwater to...
  • Warren: Increase Social Security Benefits,And Make It Solvent

    04/01/2015 8:11:18 AM PDT · by Biggirl · 88 replies
    Breitbart.com ^ | April 1,2015 | Ian Hanchett
    Senator Elizabeth Warren (D-MA) said that Social Security should be be made “secure” while increasing benefits in an interview broadcast on Tuesday’s “Rachel Maddow Show” on MSNBC.
  • Questions still being asked about Obama’s Social Security numbers

    03/27/2015 8:59:59 AM PDT · by Oldpuppymax · 103 replies
    Coach is Right ^ | 3/27/15 | George Spelvin
    President Obama’s Social Security numbers do not verify he even is a U.S. Citizen. A mismatch, two differing numbers at least, an imagined flight by a 15 year old from Hawaii to Connecticut to apply in person, and other anomalies are causing confusion yet again over the true identity of the man sitting in America’s Oval Office! A Notice of Mismatch on a Social Security Administration (SSA) Records form displays an incongruent match which was somehow sent to the President on 08/17/11. This mismatch refers to ss# 042-68-4425. The case verification number is 2011229111431GY. (1) The form contains a chilling...
  • Ted Cruz: I’m ‘EMPHATIC’ Balanced Budget Supporter, Want Means Tested Social security

    03/25/2015 8:13:32 AM PDT · by SeekAndFind · 93 replies
    Breitbart ^ | 03/25/2015 | Ian Hanchett
    Senator and presidential candidate Ted Cruz (R-TX) said he was an “emphatic advocate” of a balanced budget amendment, and expressed support for means testing Social Security and raising the retirement age on Monday’s “Hannity” on the Fox News Channel. “I think the penny plan has an awful lot of force to it, and I am an emphatic advocate of a Balanced Budget Amendment” Cruz stated. Cruz added, “you’re going to be hard pressed to come up with a cost-cutting program that I’m not going to support. I do think the military, we need to look at the growing national security...
  • Obama's Immigration Nightmare: Exponential Executive Lawlessness

    03/17/2015 7:41:41 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | March 17, 2015 | David Limbaugh
    I wonder whether most people truly understand the scope and import of Obama's lawless order to halt deportations and allow work permits for up to 5 million immigrants living illegally in the United States. Do they understand that he doesn't have the constitutional authority to do this? Do they understand that he admitted not having the constitutional authority to do this? Do they understand that Congress considered and rejected such action when it declined to pass the DREAM Act? Do they understand that under Obama's rule, these immigrants will be eligible for Social Security payments and even receive credit, in...
  • Social Security Rolls Show 6.5 Million Centenarians SATIRE

    03/16/2015 9:19:27 AM PDT · by John Semmens · 9 replies
    Semi-News/Semi-Satire ^ | 14 March 2015 | John Semmens
    Although the worldwide population of persons older than 112 years of age is estimated to be only three dozen, an investigation by the inspector general revealed that the Social Security Administration (SSA) has active accounts for 6.5 million persons over that age. Obviously, there aren’t really 6.5 million persons that old living in America. Obviously, many recipients who have been long dead are regularly mailed benefits checks by SSA. Obviously, millions of identities have been stolen and are being used to rack up potential benefits. Sens. Ron Johnson (R-Wis) and Tom Carper (D-Del), who head the Senate committee that oversees...
  • IRS paid out $5.8 billion in fraudulent tax refunds last year - 6.5m people in the US are 112

    03/14/2015 7:04:01 PM PDT · by Libloather · 15 replies
    Daily Mail ^ | 3/14/15
    IRS paid out $5.8 billion in fraudulent tax refunds last year as Social Security records show that 6.5m people in the US are 112 Americans are getting older, but not this old: Social Security records show that 6.5 million people in the U.S. have reached the ripe old age of 112. In reality, only few could possibly be alive. As of last fall, there were only 42 people known to be that old in the entire world. But Social Security does not have death records for millions of these people, with the oldest born in 1869, according to a report...
  • Sen. Bernie Sanders: ‘When People Tell You Social Security Is Going Broke,’ Tell Them They’re Lying

    03/12/2015 7:02:50 PM PDT · by Olog-hai · 40 replies
    Cybercast News Service ^ | March 12, 2015 - 2:20 PM | Ali Meyer
    “When people tell you Social Security is going broke, you look them in the eye and tell them they’re not telling you the truth,” said Sen. Bernie Sanders (I-Vt.) at an event on Capitol Hill in Washington, D.C., on Thursday to petition Congress not to cut Social Security or Medicare. “Today, the Social Security Trust Fund has a $2.8 trillion surplus,” Sanders said. […] As CNSNews.com previously reported, however, the Social Security program ran a $47.8 billion deficit in fiscal 2012 as the program brought in $725.429 billion in cash and paid $773.247 billion for benefits and overhead expenses, according...
  • Social Security IG says 6.5 million people claim to be 112 or older

    03/10/2015 7:19:36 AM PDT · by SeekAndFind · 21 replies
    American Thinker ^ | 03/10/2015 | Rick Moran
    The inspector general for the Social Security Administration has found that 6.5 million active Social Security cards belong to people claiming to be 112 years old or older. Worldwide, the number of people currently living to be 112 stands at 35. Clearly, most of those people are dead, and relatives never bothered to tell Social Security about it. But a significant number of those claiming to be 112 years old are thought to be stealing the identity of dead people. From Washington Post: "The Social Security Administration’s inspector general said in a report on Monday that the questionable identification numbers...
  • Brilliant: 6.5 Million Social Security Numbers Exist for People Over the Age of 112

    03/10/2015 4:46:55 AM PDT · by Kaslin · 31 replies
    Townhall.com ^ | March 9, 2015 | Sarah Jean Seman
    There are more than 6.5 million Americans over the age of 112, according to the Social Security Administration. If you are wondering about the accuracy of this count, you are not alone.After a man attempted to open bank accounts using active Social Security Numbers from both 1869 and 1893, the Office of the Inspector General decided to audit the SSA. They found that as of Oct. 2013, only 35 known individuals over the age of 112 are still living worldwide.The SSA’s Numerical Identification System (often shortened to Numident), contains all the Social Security Numbers tracing back to 1936 when they were...
  • IG Audit: 6.5 Million People With Active Social Security Numbers Are 112 or Older

    03/09/2015 9:38:11 AM PDT · by Red Badger · 65 replies
    CNS ^ | 06-09-2015 | By Susan Jones
    Many people are living longer, but not to age 112 or beyond -- except in the records of the Social Security Administration. The SSA's inspector general has identified 6.5 million number-holders age 112 -- or older -- for whom no death date has been entered in the main electronic file, called Numident. The audit, dated March 4, 2015, concluded that SSA lacks the controls necessary to annote death information on the records of number-holders who exceed "maximum reasonable life expectancies." "We obtained Numident data that identified approximately 6.5 million numberholders born before June 16, 1901 who did not have a...
  • IRS defends giving refunds to illegals who never paid taxes

    03/03/2015 3:56:49 AM PST · by WhiskeyX · 25 replies
    Fox News ^ | Mar. 02, 2015 - 4:50 | Fox News
    IRS defends giving refunds to illegals who never paid taxes Mar. 02, 2015 - 4:50 - Agency tells Congress in a new letter that lawyers have concluded getting a Social Security number justifies illegal immigrants' ability to go back and ask for previous refunds [Video]
  • Social Security debate reignites

    02/14/2015 3:57:10 PM PST · by jazusamo · 37 replies
    The Hill ^ | February 14, 2014 | Rebecca Shabad
    Social Security is surging to the forefront of the political debate ahead of the race for the White House in 2016. The entitlement program has been thrust into the spotlight by a fight over the Social Security disability fund, which is expected to run dry by the end of next year. The looming shortfall is stirring a burst of activism on the left, with Sen. Bernie Sanders (I-Vt.), a likely 2016 candidate, and liberal hero Sen. Elizabeth Warren (D-Mass.) warning of an assault on the program from Republicans in Congress. "We’ve known for years that Social Security Disability Insurance is...
  • S.S. Check

    02/10/2015 3:52:10 AM PST · by Graybeard58 · 28 replies
    Self ^ | 2/10/15 | Self
    Did anybody else fail to receive the 01.6% raise on their S.S. check? I dread it but I have to go to the S.S. office to see what's going on or rather to see what's not going on. I suspect that raise went straight into Obama's stash. I'm 69 years old and am betting that I will be 30 years older than the next oldest person in that waiting room.
  • The Global Private Social Security Revolution

    02/08/2015 2:16:23 PM PST · by Kaslin · 13 replies
    Townhall.com ^ | February 8, 2015 | Daniel J. Mitchell
    Last month, I posted “the cartoon argument” for Social Security reform. My main goal, as an American, is to achieve this important reform in the United States. And I’ve tried to bolster the argument by citing lots of hard data, including the fact that “funded” accounts already exist in nations such as Australia, Chile, Sweden, and the Netherlands. In this spirit, I wrote an article for the most recent issue of Cayman Financial Review, and I looked at the issue from a global perspective. I first explained thatdemographics are destiny.
  • Massive Data Breach At Health Insurer Anthem Reveals Social Security Numbers And More

    02/05/2015 5:38:51 AM PST · by afraidfortherepublic · 53 replies
    Forbes ^ | 2-5-15
    Today, Anthem Inc., the second largest health insurer in America revealed that hackers broke into the company’s servers and stole social security numbers and other personal information. This is a massive data breach with the potential to expose the information of nearly 80 million Anthem customers and has the potential to be the largest health care related data breach in history. The company notes that accounts associated with Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia, Empire Blue Cross and Blue Shield, Amerigroup, Caremore, Unicare, Healthlink, and DeCare were all part of...
  • Even with Volatile Stock Market, Personal Retirement Accounts Are Better, Safer than Social Security

    02/04/2015 11:18:00 AM PST · by SeekAndFind · 10 replies
    International Liberty ^ | 02/04/2015 | Daniel J. Mitchell
    Early last year, the Center for Freedom and Prosperity released this video, narrated by yours truly, making the case that the United States and other nations should shift from a tax-and-transfer entitlement scheme to a system of personal retirement accounts.Some left wingers criticized the idea, saying the big drop in the stock market in 2008-2009 is proof that personal retirement accounts are too risky.You won’t be surprised to learn, though, that they are wrong. It is true that retirement income fluctuates with a system of personal accounts, but that simply means that it is difficult to predict how much...
  • Left claims GOP is trying to destroy Social Security on day one of new congress

    01/09/2015 3:05:07 PM PST · by SeekAndFind · 18 replies
    Hotair ^ | 01/07/2015 | Jazz Shaw
    Some new media critics really need to make up their minds. It’s either a Do Nothing Congress or a Do Something Awful Congress. If you ask the folks at Talking Points Memo, we’ll be leaning toward the latter because the House was getting busy taking care of business before half of the new members had located the bathrooms. A minor rules change was put in place which modifies the way tax revenues are occasionally shuffled between the Social Security trust fund and the Social Security disability program. There’s a reason for this, as we’ll get to below, but to...
  • Charles Krauthhammer: The Case for a Revenue-Neutral Gas Tax (. . . and a Social Security-tax cut)

    01/09/2015 8:10:11 AM PST · by SeekAndFind · 46 replies
    National Review ^ | 01/09/2015 | Charles Krauthhammer
    For 32 years I’ve been advocating a major tax on petroleum. I’ve got as much chance this time around as did Don Quixote with windmills. But I shall tilt my lance once more. The only time you can even think of proposing a gas-tax increase is when oil prices are at rock bottom. When I last suggested the idea six years ago, oil was selling at $40 a barrel. It eventually rose back to $110. It’s now around $48. Correspondingly, the price at the pump has fallen in the last three months by more than a dollar to about $2.20...
  • Searching for Immortality and Social Security

    01/02/2015 6:52:32 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | January 2, 2015 | Suzanne Fields
    When that old man in a long white beard turns over the New Year to a robust round baby in diapers, they share framed edges of life, one at the end and one just beginning. With the help of science, an old man today passing the baton has a greater life expectancy than his predecessor did in 1840 when data began to show steady increases. The baby this year is lively and bouncing, and need not worry as much about infant mortality. At the beginning of the 20th century, a baby born in America was expected to reach the ripe...
  • The Social Security Collection Agency

    12/28/2014 6:01:01 AM PST · by Kaslin · 27 replies
    Townhall.com ^ | December 28, 2014 | Paul Jacob
    To those nattering nabobs of negativity who don’t trust government to do the right thing, or even to stop doing the wrong thing once discovered, I just want to say: “You’re right.” Again. Last April, a Washington Post exposé about a bizarrely tyrannical debt collection program caused the Social Security Administration (SAA) to publicly promise it would cease and desist from said program. The Social Security bureaucracy had been snatching the income tax refund checks of grown children whose parents, many decades ago, had allegedly been sent excess money intended for the care and feeding of these then-youngsters by this...
  • Well .. it's official<br>Social Security pays same sex couples!

    12/20/2014 1:36:41 PM PST · by knarf · 11 replies
    www.socialsecurity.gov/same-sexcouples ^ | December 20, 2014 | social security administration
    Just got my annual 1.7% increase notice and with it the statement ;