Headlines
America’s Retirement Crisis and the Need to Expand Social Security
One of the primary accomplishments of American civilization in the 20th century has been the construction of a system of economic security that safeguards the dignity of Americans beyond their economically productive years. Social Security erected an old-age insurance infrastructure…
US Education Dept. and Social Security Administration Award Grants
The U.S. Department of Education and the Social Security Administration awarded $466,603 to four Minority-Serving Institutions to conduct research in the areas of retirement security, financial literacy, and financial decision-making within minority and low-income communities. The purpose of the program is…
Reading between the lines of Obama’s UN speech
As extraordinary as it sounds, President Obama addressed the United Nations General Assembly about America’s role in the world while heads of state knew that the leader of the globe’s most powerful military and economy might soon preside over a shuttered government…
In budget shutdown, Obama gets big say in what stays open
Here’s the first thing you need to know about next week’s possible shutdown of the federal government: The federal government would not actually shut down. Agents would still patrol the nation’s borders. Prisoners would still be held in federal custody. Mail…
Republicans Debt-Ceiling Strategy Relies on Obama Budget
Senate Republicans have a strategy for lifting the U.S. borrowing limit: offer what President Barack Obama asked for in his budget, then dare him to refuse. In an effort to derail the president’s health-care law, these lawmakers see the possibility of replacing…
Shutdown showdown: How it plays out this week
“Government shutdown looms,” blare the headlines and news anchors as Congress lurches toward another stalemate over how to spend tax dollars. Before you wonder about that Social Security check or selling off your stock portfolio in advance of a possible market…
Government study warns of long-term debt problems
A new Congressional Budget Office report indicates Obamacare and retirement programs threaten to overwhelm the federal budget and harm the economy in coming decades. The report indicates government spending on health care and Social Security would double relative to the size…
House votes to keep government open, defund ObamaCare
The House voted Friday to keep the government open through mid-December but only if Congress strips funding from ObamaCare. The vote was 230 to 189. Current funding for the government is set to expire at the end of the month, and lawmakers…
Back To Work After Retirement: How You May Be Affected
Retirement isn’t what it used to be. Instead of leaving the workforce at age 65 and hitting the golf course every day, many retirees are going back to work. According to a recent Longevity Alliance and Harris Interactive poll, 43…
What we all need to understand about Social Security
The very first “social security” program in the United States of America, was a program to assist widows; which gave widows a license to sell ale. (Hence the term ale-wives.) Yes, it was. Originally, the term “social security” described any…