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Obama says debt deadline is hard, Hatch sees wiggle room
Utah’s Sen. Orrin Hatch says he doesn’t buy the Obama administration’s argument that the nation’s borrowing limit will be hit Oct. 17 and says even if it is, the federal government can prioritize its payments without hurting the economy. Hatch, the…
Another Media Hit on Social Security Disability Programs – Get the Facts
Sunday night, CBS’ 60 Minutes aired a piece they dubbed “Disability, USA” in which they portrayed the Social Security disability programs as exploding over the last few years and in danger of running out of funds. We’re deeply concerned that to press…
Debt ceiling: Understanding what’s at stake
It is the economic calamity that no one expects and everyone fears. Experts agree that failing to raise the nation’s debt ceiling by Oct. 17, when U.S. officials say the government will run out of money to pay its bills, would…
Shutdown’s Impact On Fannie Mae
Fannie Mae has introduced new, temporary guidelines to servicers and sellers of single-family loans in response to the government shutdown. The housing giant is unaffected by the shutdown as it is a private company, albeit in conservatorship. However, the shutdown still threatens to…
Congressional Progressive Caucus Rallies to Divert Budget Axe …
Among the organizations that see a possible shift in the Republican budget cutting target from Obamacare to the so-call “entitlements” – Social Security and Medicare – is the Congressional Progressive Caucus, which issued a statement demanding “that cuts to the…
Chained CPI bad policy for seniors
A flawed policy initiative called the Chained Consumer Price Index is gaining steam in Washington budget talks that would short-change those who receive federal benefits such as Social Security and federal annuities by low-balling their annual cost-of-living adjustments (COLAs). Chained…
Obama Needlessly Scares Seniors: Social Security Checks and the Debt Limit
President Obama is needlessly scaring seniors by suggesting that their Social Security benefit checks may not arrive on time if the U.S. runs out of borrowing authority at the debt limit. The 57 million Americans who receive Social Security benefits…
Ask Carrie: 10 Myths and Misunderstandings About Social Security
Social Security is a crucial program for millions of Americans. Unfortunately, though, there’s a lot of misinformation out there. In order to make the best decisions for you and your family, it’s important to arm yourself with the facts. Here…
One Social Security Crisis?Already?Here
There is ongoing debate over the future ability of Social Security to pay its obligations. Some argue it is already, or will soon be bankrupt. The fact is that whatever the concern, the liability for payment of benefits will be…
D.C. report: The week ahead
On Sunday night, U.S. Sen. Tom Coburn discussed one of his favorite subjects, Social Security disability fraud, on the CBS program “60 Minutes.” The findings of a two-year Senate investigation into disability fraud that Coburn requested are being released the…