#Biden’s trillion-dollar budget will lead to financial collapse

#Biden’s trillion-dollar budget will lead to financial collapse

“#Biden’s trillion-dollar budget will lead to financial collapse” Social Security is the single most expensive program the federal government runs. By itself, Social Security already accounts for a quarter of every dollar Washington spends.  And even all that spending isn’t enough: Social Security’s “unfunded liabilities” — how much money the government would need today to…

Read More
#Stimulus checks will get to Social Security recipients next week

#Stimulus checks will get to Social Security recipients next week

“#Stimulus checks will get to Social Security recipients next week” Millions of Americans relying on Social Security benefits will finally get their third coronavirus stimulus checks next week, according to the feds. The Internal Revenue Service and the Social Security Administration say they have finally resolved a bureaucratic snafu that forced an estimated 30 million…

Read More
#Social security will fail and other commentary

#Social security will fail and other commentary

“#Social security will fail and other commentary” Fiscal watch: Social Security Will Fail At The Washington Post, Mitch Daniels admits defeat: All efforts to stop Social Security and Medicare from collapsing are futile, as “our political process is not capable of the kind of decisions that are necessary. The temptation to savage anyone proposing safety-net…

Read More