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Social Security's unfunded liabilities total $12.5 trillion in present-dollar terms over a 75-year timeframe, the administration's trustees reported Thursday, an increase of $1.2 trillion from last year's estimate. The trustees report showed that Social Security's combined trust fund can only pay scheduled benefits through 2034, a projected date that is unchanged from a year ago. Medicare's trust fund, though, is in better shape than previously estimated and will run out a year later than previously anticipated, in 2029. At those dates, beneficiaries would face the prospect of an immediate cut in benefits unless policy were changed in some way to...

Archimedes, one of the greatest mathematicians and scientists of all time understood the importance of the design of a system. Commenting on the incredible power of levers he noted, “Give me a place to stand on, and I will move the Earth.” With a properly designed system almost anything is possible; with a poor one, almost nothing.

My 97 year olf mother passed on recently. I am going through many old photos etc. I have blocked out name and number of my father who was a WWII Vet. Has anyone seen this gov't issue copper social security card before?

Authorities in Florida say a man hid his wife's body in a freezer so he could continue collecting her Social Security benefits. The U.S. Attorney’s Office says, Margaret Dunn died at her home in Sun City Center, Fla. in 2002 and Allan Dunn placed her body in the freezer. He then collected her Social Security benefits until he died in 2010. In all, he improperly collected $92,088 in federal Social Security benefits. According to authorities, upon his death, Mr. Dunn’s sole asset of value was the condominium unit where he and his wife had resided. His heirs, who were unaware...

Back before the Industrial Revolution most people were rural, and they lived off the land. Families took care of their aging families. Parents had big farm houses that encompassed not only Mom, Dad, and children, but Grandma and Grandpa were a part of the mix…possibly even Aunt Hilda if she needed a roof over her head. The whole family worked together to make the living. Even little Johnny had his chore of feeding the chickens. His little sister gathered the eggs, and Mama fixed them for breakfast. Meanwhile, Daddy had already gotten up at the crack of dawn to build...

Senator Alan Simpson (R-Wyoming) needs to get his facts straight about social security. You pay 6.5% as an employee, Your employer pays 6.5%. You pay 1.5% to Medicare, Total 14.5%. If you are self-employed you must pay the 14.5% yourself. How could he say, because senior citizens expect their social security and medicare benefits when they retire, they are greedy? “Alan Simpson, Senator from Wyoming, Co-Chair of Obama’s deficit commission, calls senior citizens the Greediest Generation as he compared “Social Security” to a Milk Cow with 310 million teats.”

A number of mostly elderly very important persons have been compromised by the global warming hoax. The following wise men signed a tract: “The Conservative Case for Carbon Dividends.” George Shultz - 96James A Baker - 86Martin Feldstein - 77Thomas Stephenson - 74Rob Walton - 72Henry Paulson - 70N. Gregory Mankiw - 59Ted Halstead - 48 The carbon dividend tract was promoted in a Wall Street Journal article published on February 7th and signed by former Secretaries of State, Shultz and Baker. According to Shultz and Baker: “…there is mounting evidence of problems with the atmosphere that are growing too...

An eastern Kentucky disability lawyer scheduled to be sentenced next month for defrauding the government of nearly $600 million has disappeared, the FBI said. Eric Conn pleaded guilty in March to stealing from the federal government and bribing a judge. He was scheduled to be sentenced next month and had been ordered to pay the government tens of millions of dollars. But Saturday, the FBI said Conn removed his electronic monitoring device, violating the conditions of his bond and prompting the U.S. District Court to issue a warrant for his arrest. David Habich, general counsel for the FBI’s Louisville office,...

The Trump administration, at work on a new plan for tax reform, is reportedly considering a plan to cross into one of the most dangerous territories in American politics: fiddling with the Social Security system. According to multiple reports, the administration is entertaining the possibility of eliminating the 12.4 percent payroll tax, which would require it to find a new dedicated funding source for the retirement checks that millions of Americans count on in their old age. The plan, first reported by the Associated Press, would be part of a major overhaul of the tax code that would make the...

President Trump scrapped potential reforms to Social Security and Medicare while preparing his first budget request, according to Office of Management and Budget Director Mick Mulvaney. Mulvaney, a fiscal hawk and former member of the House Freedom Caucus, said Trump quashed potential changes to Social Security, citing his campaign pledge not to touch the program. “I laid to him the options that Mick Mulvaney would put on a piece of paper,” Mulvaney told CNBC in an interview that aired Tuesday. “And [Trump] looked at one and said, ‘What is that?’ And I said, ‘Well, that's a change to part of...

A ringleader in one of the biggest Social Security disability fraud cases in U.S. history has pleaded guilty to filing more than 1,700 bogus applications, bilking the government out of potentially a half-billion dollars. But the administration is struggling to figure out how to handle the applicants, many of whom say that even though their applications were falsified, their cases are real and they shouldn’t be punished for having been ensnared by the massive fraud. Eric C. Conn, a prominent lawyer in eastern Kentucky, signed a guilty plea late last month acknowledging the scam, in which he recruited and filed...

A Missouri woman who has attended official meetings on resettling migrants is blowing the whistle on United Nations and federal schemes that she says are quietly flying in huge numbers of unvetted, diseased “refugees” from across Africa and the Middle East — many of whom do not even have a known name — and immediately handing them passports, Social Security numbers, and a vast array of tax-funded benefits. Noting that the overwhelming majority of the migrants she observed were men, she suggested the schemes were an “intentional device” to “invade the United States of America.” Adding insult to injury, said...

Authored by Jeff Reeves via The HillI’m not a fan of the “greed is good” mentality of Wall Street investment firms. But the next financial crisis that rocks America won’t be driven by bankers behaving badly. It will in fact be driven by pension funds that cannot pay out what they promised to retirees. According to one pension advocacy organization, nearly 1 million working and retired Americans are covered by pension plans at the risk of collapse.The looming pension crisis is not limited by geography or economic focus. These including former public employees, such as members of South Carolina’s...

Social Security... The SSI program. Liberals hail it as the toast of socialism. Liberals promulgate SSI as proof that government cares. The social secuirty program cares, the program is there to help those who cannot help themselves and that welfare state is superior to Christian charity. According to New York Times columnist and leftist Charles Blow, "Social security is the gift of Washington to the American people. It is what makes America a higher standard in freedom and prosperity." Just like everything printed by the Bolshevik News media including the Times and its left wing mouth pieces, nothing could be...

Changes to Social Security Gun Background Check Rule John Lott talked about the Trump administration’s decision to roll back an Obama administration rule on background checks for gun purchases. Video https://www.c-span.org/video/?424766-4/washington-journal-john-lott-discusses-background-checks-gun-purchases

Freeper umgud predicted "MSM will report that Trump is giving guns to crazy people." in http://freerepublic.com/focus/f-news/3530085/posts Medscape is a bulletin e-mailed to thousands of health- care professionals. The article itself is reasoned and more accurate. ... "Trump signed a bill that overturned an Obama-era rule designed to stop certain individuals with mental disorders from buying guns. Issued near the end of Obama's presidency, the rule banned gun ownership by people who are on Social Security disability because they have mental health problems that prevent them from working and who must have someone manage their financial affairs." ... "but under the...

On a day when legislation benefiting women and black colleges and universities was signed with much pomp and circumstance, President Trump quietly followed through on his pledge to defend the Second Amendment by signing the repeal of Barack Obama’s Social Security gun ban. The U.S, House voted to repeal the ban on February 2 and the Senate voted to repeal it on February 15. The ban was fashioned behind closed doors in the summer of 2015 and Breitbart News reported: The specific details of the ban are unknown, as it is being put together “outside of public view.” But the...

President Donald Trump will call for a substantial increase in military spending and look to safeguard Social Security and Medicare from any cuts in his first major step toward compiling a budget proposal for the coming fiscal year, a senior administration official told CNN on Sunday. The White House on Monday will issue the outlines of a budget proposal to federal agencies, a document that has largely been drafted by Office of Management and Budget Director Mick Mulvaney, the official said. The budget outline will also call for spending cuts to several federal agencies, including the Environmental Protection Agency. The...

WASHINGTON – Congressional Democrats introduced a bill that would increase the investment gains tax by 6.2 percent for households with adjusted gross income of $250,000 and above to pay for an expansion of Social Security. Sen. Bernie Sanders (I-Vt.), sponsor of the Social Security Expansion Act in the Senate, said the proposed “net investment income tax” increase from 3.8 percent to 10 percent would make “millionaires and billionaires” pay more in taxes to expand Social Security and extend the life of the program. The investment gains tax originally became law as part of Obamacare. “Everybody in this room knows that...

Here's a tale of government waste involving all the usual suspects: incompetence, indifference, and laziness. The inspector general for the Social Security Administration discovered that a billion dollars in benefits was paid to people who had no Social Security numbers.  The benefits were paid to "representative payees" – people who were accepting benefit checks on behalf of another because the beneficiary was unable to manage his Social Security payments by himself. Seventeen percent of these representative payees were illegal aliens, according to the audit. Washington Times: Over the last decade, the agency paid $1 billion to 22,426 representative payees who "did...