Part of the
Three suspects accused of chaining mentally disabled people and stealing their Social Security checks were arrested in Philadelphia.
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WASHINGTON (AP) — Laid-off workers and aging baby boomers are flooding Social Security’s disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency.
Applications are up nearly 50 percent over a decade ago as people with disabilities lose their jobs and can’t find new ones in an economy that has shed nearly 7 million jobs.
The stampede for benefits is adding to a growing backlog of
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With Social Security possibly on the chopping block in debt talks in Washington, a report reveals that single, elderly, African-American women will be further driven into poverty.
According to the National Women’s Law Center’s analysis of Current Population Survey data shows that if chained CPI, a Social Security COLA is cut, the median benefit for African-American single women seniors will dip below the poverty line.
Currently, the median Social Security benefit for a
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Recent reports revealed that President Obama is considering cuts on Social Security and Medicare, as bargaining pieces in negotiations to reach an agreement with Republicans on raising the country’s debt ceiling.
In what seems to be a race to find the best means to an end on a drawn-out battle between Democrats and Republicans, debt-ceiling negotiations must come to a consensus before the government is forced to default its loans in August.
But
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WASHINGTON — As negotiations on raising the debt limit persist, reports say President Obama is willing to reduce significant spending in Medicare and Social Security in exchange for Republican support in fresh tax revenue.
This deal may upset many Democratic policymakers, however, Obama is set to argue in a meeting Thursday morning that a consensus must be met on the nation’s budget problems.
The Washington Post Reports:
Read MoreThe move marks a major shift for
WASHINGTON D.C – Officials with the Social Security Administration will hold talks in the coming week to discuss what to do in case of a potential “government shutdown” on March 4.
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As Social Security approaches its 75th anniversary on Saturday, the program is playing an especially vital role in reducing poverty across America during the worst economic crisis since the Great Recession.
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If you’re hoping to get a hearing before a federal judge in Ohio so you can qualify for Social Security disability benefits, you have to be patient.
Waits in Ohio are longer than they are in any other state.
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Ralph Remakel received a Citibank letter postmarked Feb. 16 that notified him of a recent Citibank error. It turns out he wasn’t the only one.
In late January, Citibank mailed year-end tax statements to 600,000 Citi customers via the U.S. Postal Service that included the customers’ Social Security numbers … on the outside of the envelope.
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