Latest News
Yellen Should Raise Interest Rates for Retirees
For the past several years the U.S. government, courtesy of Federal Reserve Chairman Ben Bernanke, has been looking at interest rates through the wrong end of a telescope, and watching them get smaller and smaller until they have all but…
Government reopening sees Pa. parks, offices abuzz
Federal offices and national parks in Pennsylvania reopened on Thursday, a day after U.S. lawmakers approved legislation to end a 16-day partial government shutdown that idled thousands of federal employees in the state while inconveniencing tourists and costing businesses that…
Hiking Defense Spending For Social Security Cuts Is A ‘Stupid Trade’
Senate Majority Leader Harry Reid (D-Nev.) has no interest in a budget deal that trades sequestration relief for entitlement cuts, believing that future spending reductions scheduled to hit the Pentagon give Democrats the upper hand. Instead, he told The Huffington…
Defusing the Ticking Bomb of Social Security
Social Security is the single largest program of the federal government, accounting for more than 20 percent of all federal spending in 2012. Indeed, by some measures, it could be considered the largest government program in the world, providing more…
5 facts about Social Security
As negotiations continue between Congress and the White House on resolving the fiscal impasse that has shut down large swaths of the federal government and threatens a default on U.S. government debt, some are hoping for an eventual “grand bargain” that would…
How Possible U.S. Default Could Affect You
U.S. Senate leaders have reached a deal to raise the U.S. debt ceiling through February 7, but the deal still has to be approved by Congress and signed by President Obama. If the debt ceiling is not raised and the U.S.…
Social Security Discontinues Visits to Several Nevada Contact Stations
The City of Mesquite has been officially notified that the Social Security is discontinuing its face-to-face visits to Beatty, Pioche, Caliente, Alamo, Moapa, Tonopah, Mesquite and Overton Nevada. The final visit will be in October 2013. According to Las Vegas District…
Ryan Budget Plans Ignored as Lawmakers Craft Debt-Limit Deal
Rep. Paul Ryan, R-Wisc., wanted big policy changes to lift the U.S. debt ceiling: revamp Social Security and Medicare, a framework for tax-code changes and approval of the $5.3 billion Keystone XL pipeline. But lawmakers are struggling to agree on…
Social Security field office still open despite shutdown
Despite the partial federal government shutdown, the Cookville field office for the Social Security Administration is still open — but with limited services. There are also no changes in Social Security and Supplemental Security Income payments or payment dates, but anyone…
Shutdown impact: Hundreds of thousands still furloughed in 3rd week
The partial shutdown continues into its third week, with dueling plans in the Senate and House to reopen the government and avert a U.S. debt default. Treasury says it will run out of money to pay its bills if Congress…