Headlines
OMB says PortfolioStat’s impact measured by billions of dollars in savings
In just over a year, the PortfolioStat process has helped agencies save or avoid spending $885 million. Four agencies say that as of June 30 they’ve saved more than $100 million each, including $206 million at the Social Security Administration…
To cut entitlements, US can look to one of Europe’s welfare states
One of America’s chief fiscal burdens is the mounting cost of entitlements (Social Security, Medicare, and Medicaid) – an obligation that will only grow larger as baby boomers age. In tackling this problem, the United States should look to what…
Obama speeches renew budget debate as deadlines loom
(CNN) – The great budget battle of 2013 begins in earnest Wednesday with speeches by President Barack Obama that will emphasize his economic fairness message in the face of Republican demands for more sharp spending cuts. Confronting deep partisan divide…
Planning Your Life After Retirement: A Guide for Federal Employees
A recent report from CNN stated that the United States government is about to face a large wave of retiring federal workers. About 30% of current federal employees will reach the eligible age for retirement in the next three years.…
Health overhaul a mystery to vets
An ongoing nationwide survey found that almost 76 percent of American military veterans don’t know that delaying enrollment in a special Medicare program can trigger punishing late fees. And 16 percent of vets wrongly believe they don’t need to worry…
Sen. Kirsten Gillibrand (D-NY) on Social Security and Medicare
Seniors have spent a lifetime paying into Social Security and Medicare, saving for their retirement, and preparing for their golden years. Senator Gillibrand is working hard to ensure these programs are preserved for not only current retirees, but for the…
Bill to Expedite SSDI Benefits for Terminally Ill Introduced
WASHINGTON, D.C. - Today, U.S. Senators John Barrasso (R-WY), Mike Enzi (R-WY) and Sherrod Brown (D-OH) introduced bipartisan legislation to expedite the payment of Social Security Disability Insurance (SSDI) benefits to individuals with terminal illnesses by eliminating the 5-month waiting…
Voice of the Free Press: Don’t mess with seniors
As for the Chained CPI, the only way Washington can get away with it is to have the change kick in far enough down the line so that no one currently receiving Social Security , or are near retirement, will…
Fed Lays Out Three Phases for Long-Term ‘Normalization’
The Fed chief did concede “there’s still plenty of room for Congress to address” the long-term problems of budget deficits and future shortfalls caused by commitments to entitlement programs such as Social Security and Medicare . A number of senators,…
SOCIAL SECURITY OPTIMIZATION 101: Getting It Right
Baby Boomers are finally getting forced into learning about Social Security. The subject, and its planning, are not something your clients can rush into on a whim. This is where we need to address how to take action.Social Security Optimization…