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May 17, 2010

Social Security needs small 'tweaks'
Social Security faces a $5.3 trillion shortfall over the next 75 years, but a new congressional report says the massive gap could be erased with only modest changes to payroll taxes and benefits.

May 11, 2010

Fixing Social Security: The 'low hanging fruit'
Reforming Social Security is still a hot-button issue. But relative to other measures needed to stabilize U.S. debt, it should be a snap. While a Social Security fix would cure only a small part of the country's long-term fiscal shortfall, it could pay big dividends in terms of the U.S. standing internationally.

Apr 27, 2010

Groups Raise Alarm Over Social Security Tampering as Debt Panel Starts Negotiations
As the 18-member panel held its first meeting, top executives from seniors groups and other organizations called for full transparency in its negotiations in the months ahead and urged the commission to consider the implications of putting entitlement programs on the chopping block.

Apr 14, 2010

Treasury Moves to Protect Federal Benefits
The Treasury Department is releasing new rules preventing banks from seizing Social Security and other federal benefits from customers facing debt collectors. Federal law prohibits creditors from taking Social Security to recover a debt, but the law doesn't say how money deposited directly into bank accounts is to be protected.

 

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