January 20, 2016
According to an audit by the Social Security Administrationâ€™s (SSA) Office of Inspector General (OIG), the SSA has paid at least 740 dead people $17.1 million in benefits.
September 25, 2013
CapitolWatch, with over 250,000 supporters across the country has sent petitions to House Speaker John Boehner and President Obama asking for tax simplification and continued support for Social Security benefits. Recent reports have shown that up to 43 percent of Americans did not pay income taxes last year. Simplifying the tax code would both increase participation in the tax system and boost the economy.
June 13, 2010
The Social Security program is facing a well-publicized cash flow issue in the coming years, and actually will be paying out more this year than it is taking in, well ahead of the 15-20 years most thought it would take for this to occur.
October 15, 2009
The president's request for additional funds not offset by higher taxes or budget cuts is an ill-advised plan that neither helps enough to be worth the costs, nor costs so little that the amount is negligible.
April 06, 2009
With the latest unemployment numbers coming in at 8.5%, or 13 million unemployed, the loss in work hours not only affects the economy via a decrease in purchasing power, but also the viability of Social Security.
September 24, 2007
The president’s administration today released a report on the future of social security with the principal findings being that in order to ensure its continued solvency, taxes on benefits would either need to increase or benefits be reduced.