Social Security Disability Insurance on Brink of Insolvency

Posted: March 19, 2012 Associated Press WASHINGTON — Laid-off workers and aging baby boomers are flooding Social  Security’s disability program with benefit claims, pushing the financially  strapped system toward the brink of insolvency. Applications are up nearly 50 percent over a decade ago as people with  disabilities lose their jobs and can’t find new ones… Continue Reading

President’s Budget To Call For Medicare, Medicaid Cuts

Feb 11, 2012 News organizations got a preview of the multi-trillion-dollar federal budget President Barack Obama is expected to propose on Monday. The Wall Street Journal: Budget to Call for Taxes on Wealthy The budget’s broad themes, according to a draft outline viewed by The Wall Street Journal, contrast sharply with Republican proposals for smaller… Continue Reading

Obama budget cuts health spending by $360 billion

By Julian Pecquet – 02/10/12 06:09 PM ET / The Hill President Obama’s budget proposal will cut federal healthcare spending by $360 billion – including $300 billion from Medicare – over the next 10 years, according to a summary of the spending blueprint that will be fully unveiled Monday. The savings target for Medicare, Medicaid… Continue Reading

Should the Rich Lose Their Social Security Benefits?

By Dan Caplinger Posted 1:10PM 01/05/12 Millions of Social Security recipients get minimum-wage benefits that are barely enough to make ends meet. At the other end of the spectrum, though, many retirees who could get by just fine without any Social Security payments at all receive much larger monthly benefits from the government. With Social Security… Continue Reading

For three decades, conservatives’ proposals for dramatic changes to the programs have reflected a divide-and-conquer strategy inspired by the Leninist movement.

January 13, 2012|Michael Hiltzik About the last thing you’d ever expect is for conservatives to draw procedural lessons from the founder of the Soviet state. So it’s fascinating to ponder the persistence of an attack on Social Security that was explicitly billed as a “Leninist” strategy three decades ago by analysts at the Heritage Foundation… Continue Reading