The Biden administration is proposing a hefty 10% increase in funding to the Social Security Administration. This is good news for disability beneficiaries and applicants. The announcement is part of the White House budget proposal for 2022, and factors in a $1.3...
The impact of the Covid-19 pandemic on the financial health of the Social Security Administration may not be as bad as previously feared. The Social Security Administration Chief Actuary recently testified at a House Ways and Means Committee hearing, that the outlook...
On Monday, Senate Republicans, led by Senator Mitt Romney (R – Utah), unveiled their Time to Rescue United States Trusts Act (TRUST) which purports to restore and strengthen federal trust funds, i.e. Social Security and Medicare. The TRUST ACT is a sub-provision of...
The Congressional Budget Office projects that recent tax cut legislation and spending packages will increase the federal deficit by $139 billion, raising it to $804 billion in 2018. In December Congress passed a 1.5 trillion tax-cut package and early in 2018 approved a $400 billion budget. The CBO projects the US will return to a trillion dollar deficit by next…
Gastroparesis is a condition in which the muscles of the stomach wall have become too weakened to contract and force the food from the stomach into the small intestine. Therefore, the stomach does not empty properly. Gastroparesis can be caused by diabetes, Parkinson’s disease, certain medications or drug use, and sometimes the cause is unknown. Similarly, there is a wide…
Baby boomers may be most in need of Social Security payments. However, seniors are likely to find it more and more difficult to apply for disability benefits, or appeal rejected disability claims, because many Social Security offices around the country are facing closure. The Social Security Administration blames budget crunches and shortage of resources for this increased number of closures.…
Georgia recently became the most gun-friendly state in the country when a piece of legislation became law that allows people to take guns into schools, bars and churches. Governor Nathan Deal recently signed the bill, officially allowing licensed gun owners in the Peach State to carry their weapons everywhere in the state, except the Capitol Building. So if you enter…
With all this election-year talk of “victims” and “47 percentages,” many Americans are understandably concerned about the state of Social Security and their continued eligibility for benefits. Last month, the Center on Budget and Policy Priorities, which is a nonpartisan policy group working on policy and public programs that affect Americans in low and moderate income groups, released a report…
According to the 2012 Board of Trustees Report for the Social Security and Medicare Trust Funds, released on April 23, 2012, the funds, though relatively stable, are being impacted by the recession. The 2012 report finds that, if no Congressional action is taken, the Social Security Old Age and Survivors Insurance (OASI) will be able to pay 100% of scheduled…