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Saving Social Security Via Elimination of Fraud, Waste, and Abuse Examined
It is absolutely a noble and correct intent of the federal government to root out illegal misappropriation of funds from programs serving the taxpaying public, and it is equally noble and correct to seek a balanced budget for the country. Nobody with any sense of responsibility and accountability could objectively dispute efforts to accomplish both missions, since one naturally affects the other. We need to be realistic, however, when assessing the likelihood of success these missions could have in the quest to “save” Social Security from the impending financial disaster now just six years away.
Modernization of Social Security to meet 21st-century demands is, as everybody knows by now, not a simple task. Preserving this venerable program for generations to come will require substantial actions that shape its ability to serve a changing population, while honoring obligations to current participants, is a daunting problem for Congress. While it may seem easy to look for “low-hanging fruit,” it’s equally important to test the viability of all avenues for correction, and some organizations are calling into question the extent to which the search for fraud within Social Security can help. An example of this can be found in a post by FactCheck.org Senior Writer D’Angelo Gore, which you can read in full here.