Social Security

Republicans thumb noses at senior citizens again

Republicans thumb noses at senior citizens again

House and Senate Republicans on Wednesday thwarted Democratic efforts to award $250 checks to Social Security recipients facing a second consecutive year without a cost-of-living increase. President Barack Obama and Democrats have urged approval of the one-time payment, saying seniors barely getting by on their Social Security checks face undue hardships without the COLA increase. […]

Suddenly, a rally behind tax cuts

Suddenly, a rally behind tax cuts

Defying expectations, a bipartisan majority of President Barack Obama‘s deficit commission has rallied behind the panel’s controversial deficit-slashing proposals. A key Obama ally, liberal Democratic Sen. Dick Durbin of Illinois, endorsed the plan Thursday night, joining two of the Senate’s most conservative Republicans. The plan now has public commitments of support from a majority of […]

Raising retirement age hurts the poor

Raising retirement age hurts the poor

Raising the retirement age for Social Security would disproportionately hurt low-income workers and minorities, and increase disability claims by older people unable to work, government auditors told Congress. The projected spike in disability claims could harm Social Security’s finances because disability benefits typically are higher than early retirement payments, the Government Accountability Office concluded. The […]

Social Security judges face threats to safety

Social Security judges face threats to safety

Judges who hear Social Security disability cases are facing a growing number of violent threats from claimants angry over being denied benefits or frustrated at lengthy delays in processing claims. There were at least 80 threats to kill or harm administrative law judges or staff over the past year — an 18 percent increase over […]

Deficit commission challenges conventional wisdom on budget

Deficit commission challenges conventional wisdom on budget

The leaders of the deficit commission are baldly calling out the budget myths of both political parties, challenging lawmakers to engage in the “adult conversation” they say they want. Their plan — mixing painful cuts to Social Security and Medicare with big tax increases — has no chance of enactment as written, certainly not as […]

Nevada Senate debate: Many disagreements, no common ground

Nevada Senate debate: Many disagreements, no common ground

Sixty minutes, two candidates and not a single moment of agreement. Instead, Republican Sharron Angle taunted Senate Majority Leader Harry Reid to “man up” Thursday night in their only debate of a close, caustic and costly race. Speaking more softly, Reid called her extreme, an ally of the special interests and advocate for jettisoning government […]

Does COLA freeze hurt Social Security recipients?

Does COLA freeze hurt Social Security recipients?

Seniors will remain ahead of the inflation curve despite a second straight year without an increase in their Social Security benefits. Some seniors and their advocacy groups have raised the specter of millions of the elderly struggling to pay for food, utilities and health care under a benefit freeze. Struggle, many do, particularly those who […]

No COLA again for Social Security recepients

No COLA again for Social Security recepients

As if voters don’t have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits. It would mark only the second year without an increase since automatic adjustments for […]

Obama: GOP out to kill Social Security

Obama: GOP out to kill Social Security

President Barack Obama used the anniversary of Social Security to trumpet Democrats’ support for the popular program and accuse Republicans of trying to destroy it. Seventy-five years after President Franklin D. Roosevelt signed Social Security into law, Obama said in his weekly radio and Internet address Saturday: “We have an obligation to keep that promise, […]