Fraud could be a major reason that the number of people enrolled in Social Security Disability Insurance (SSDI) has risen so dramatically over the past 10 years, according to two letters written by the House Oversight and Government Reform Committee.
A woman was accused of stealing $180, 216 from the government by cashing a dead man’s Social Security checks for 23 years, reports the Pittsburgh Post-Gazette.
Taxes on virtually all workers are going up after the late fiscal cliff deal between the White House and Senate failed to extend the payroll tax holiday, resulting in a hike of the Social Security payroll tax from 4.2 percent to 6.2 percent.
Democratic Party leaders on Tuesday signaled a willingness to accept an adjustment to Social Security benefits that New York Times’ columnist and amateur psychohistorian Paul Krugman has called “cruel and stupid.”
ABC’s Jake Tapper has taken a closer look at Vice President Joe Biden’s claim that he was “in the room” for the historic Social Security and Medicare reform negotiations during the Reagan administration and has found that Biden is guilty of yet another exaggeration of his historical importance.
Former President Bill Clinton appears in new Obama campaign ad, in which he outlines the “clear choice” between the president and his Republican opponent.
The president has not always been so dismissive about efforts to save the country’s unsustainable entitlement programs. Both as a candidate for president in 2008 and at various points throughout his first term, Obama has highlighted the urgent need to reform federal entitlements.
Economists predict the U.S. poverty rate will approach 16 percent this year, matching or surpassing the highest poverty levels since the 1960s.