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Year after year the American people have been constantly warned of the impending doom that are their Social Security benefits due to fact that there are now more people collecting Social Security than paying into it. While the controversy over the future of Social Security is well known, what has not received much attention is that right now Americans are in danger of having their benefits delayed, and not just their Social Security checks. Veterans who fought for this country, and who are dependent on financial support from the Veterans Administration (VA) to purchase medicine or treatment could also see...

While engaging in the mundane task of gathering financial statements for a “secure retirement” meeting with my husband’s and my adviser, this Baby Boomer stumbled upon documented proof that our nation does not have the guts to confront one of its most serious economic problems. The realization came when I pulled from my files a document statement innocently titled, “Your Social Security Statement.”

While engaging in the mundane task of gathering financial statements for a “secure retirement” meeting with my husband’s and my adviser, this Baby Boomer stumbled upon documented proof that our nation does not have the guts to confront one of its most serious economic problems. The realization came when I pulled from my files a document statement innocently titled, “Your Social Security Statement.” At first glance, the statement did not appear menacing. I was told I could expect to receive a benefit of “about $2,136 a month” upon reaching age 70 — which certainly seems like good news. But...

The annual check-up for Social Security is in, and one program looks more dire than the rest. If Congress doesn’t act, people receiving Social Security disability benefits could see a nearly 20 percent cut to payments at the end of next year, according to the latest version of the Social Security trustees report released Wednesday. The disability trust fund will be depleted by the fourth quarter of 2016, leaving the administration with enough income to pay 81 percent of benefits, according to the report, which is updated annually. The health of the Social Security program didn’t change by much, and...

The Social Security Administration's latest annual report says what it has been saying for several years now — its disability insurance program will become insolvent in 2016.

Goose Creek resident Kelly Schuler said he was earning a six-figure income in corporate sales when he was diagnosed with Parkinson’s disease, and after his symptoms became apparent and he lost his job, Social Security Disability Insurance payments became his financial lifeline. Now he finds himself among the 11 million Americans who could see their monthly checks slashed by 19 percent next year, unless federal lawmakers address a looming shortfall in the Social Security fund that pays disability benefits. The main Social Security fund that pays retiree and survivor benefits is not expected to run short for another two decades,...

The 11 million people who receive Social Security disability face steep benefit cuts next year — unless Congress acts, the government said Wednesday. The trustees that oversee Social Security said the disability trust fund will run out of money in late 2016, right in the middle of a presidential campaign. That would trigger an automatic 19 percent cut in benefits. The report said the fund faces "an urgent threat" that requires prompt action by Congress. There is an easy fix available: Congress could shift tax revenue from Social Security's much larger retirement fund, as it has done in the past.

Vets targeted, then Social Security recipients, then those with student loans and ... It began with letters from the Veterans Administration informing returning veterans they were being declared incompetent and someone would be appointed to handle their financial affairs. The veterans then were told they, consequently, could no longer own weapons. Now the same plan is being considered for recipients of Social Security, the Los Angeles Times said. The paper said the Obama administration is pushing to ban Social Security beneficiaries from owning guns if they “lack the mental capacity to manage their own affairs.” The report describes to the...

Most sneaky and underhanded attempts I've ever seen to take away people's constitutional rights We’ve often talked here about the Democratic Party’s goal of making sure at least half the population is dependent on government in some way. Mitt Romney was skewered for his comment about the “47 percent,” but the comment was completely valid and very pertinent because it referred to a permanent dependent class that will always vote for the party of government dependency. That’s how the Democrats intend to maintain permanent political power - by making sure that more than half the population is terrified of losing...

By the pen and the phone.The President is not going quietly into that good night and lame duck isn’t on the menu as far as he’s concerned. Barack Obama’s next fourth quarter play seems to be an attempt to go around congress and restrict the Second Amendment rights of millions of Americans based on data in the Social Security system. Specifically, if you are someone collecting benefits who has their payments handled by another family member or third party, you could find your information being turned over to the feds and your gun rights suspended. (From Fox News) The...

Back in 2008 Barack Obama promised his supporters that he would not take their guns. ““I believe in the Second Amendment. I will not take your shotgun away. I will not take your rifle away. I won’t take your handgun away… But I am not going to take your guns away. So if you want to find an excuse not to vote for me, don’t use that one because it just ain’t true. It ain’t true.” Via Free Republic:(VIDEO-AT-LINK)His campaign also ran this ad: “Barack Obama WON’T Take Away Your Gun…”But that was in 2008. Now this… Barack Obama is...

The Obama administration wants to keep people collecting Social Security benefits from owning guns if it is determined they are unable to manage their own affairs, the Los Angeles Times reported. The push, which could potentially affect millions whose monthly disability payments are handled by others, is intended to bring the Social Security Administration in line with laws that prevent gun sales to felons, drug addicts, immigrants in the United States illegally, and others, according to the paper. The language of federal gun laws restricts ownership to people who are unable to manage their own affairs due to "marked subnormal...

Seeking tighter controls over firearm purchases, the Obama administration is pushing to ban Social Security beneficiaries from owning guns if they lack the mental capacity to manage their own affairs, a move that could affect millions whose monthly disability payments are handled by others. The push is intended to bring the Social Security Administration in line with laws regulating who gets reported to the National Instant Criminal Background Check System, or NICS, which is used to prevent gun sales to felons, drug addicts, immigrants in the country illegally and others. A potentially large group within Social Security are people who,...

The Legacy Lives On! Mark’s Lost Dog & Cat Rescue Foundation “Conservatism is the antidote to tyranny precisely because its principles are the founding principles.” --Mark Levin in Liberty and Tyranny Welcome to “The Levin Lounge”… Step in and have a virtual FRink.Taking the country by storm, one radio station at a time – and kicking the BUTTS of the competition! Welcome all, to the most FUN LIVE THREAD on FreeRepublic.com! You can call Mark’s show: 1-877-381-3811

The projected Social Security shortfall is likely to hit younger workers hardest. Social Security has two trust funds: the Old-Age and Survivors (OAS) fund, and its smaller sibling, the Disability Insurance (DI) fund. Last year’s report said the combined reserves of both funds would be exhausted in the year 2033, at which time it could pay only 77¢ on the dollar of its benefit obligations. The DI fund, however, faces a more immediate crisis. It will run out of money in 2016—as in next year—and its 0.9% payroll tax levy will then collect only enough to pay 81% of its benefit obligations....

The 2016 presidential race is heating up, and politicians are already talking about the subject of “Social Security reform…” But don’t be fooled – this seemingly innocuous phrase hides the true intention of this political rhetoric: Social Security cuts. For example, Senator Lindsay Graham of South Carolina, who is pegged to run for the republican ticket, recently told a reporter: “I’m going to ask [people] to give up a little bit to make sure the system doesn’t fail… If we don’t, the baby boomers are going to wipe out Social Security and Medicare. We’ll become Greece.” Graham has been proposing...

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,...

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...

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...

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...