Imagine how social security was first administered. Now imagine how the Affordable Care Act could look in 75 years.
Raise the age at which you can begin collecting full Social Security benefits? Older Americans say no. They also veto reductions in the cost-of-living increase.
Warren Buffett likens it to a nuclear attack. Economists warn that government spending on programs like Social Security would plunge. The Treasury says the economy would slide into a recession worse than the last.
A government shutdown is having far-reaching consequences for some, but minimal impact on others.
China recently passed an Elderly Rights Law, requiring adult children to stay connected with their parents.
A new government study says that federal health care and retirement programs threaten to overwhelm the federal budget and harm the economy in coming decades unless Washington finds the political will to restrain their inexorable growth. The long-term pressures promise to quickly reverse recent improvements in the deficit.
The University of Virginia’s policies and procedures will be reviewed by a task force to ensure the personal information of students and staff is protected.
The government said Friday that Medicare’s giant hospital trust fund will be exhausted in 2026, two years later than projected last year, while the date that Social Security will exhaust its trust fund remained unchanged at 2033.
The union representing Social Security’s administrative law judges is suing the agency, claiming judges are forced to decide more than 500 cases a year, a standard that sometimes results in benefits that would otherwise be denied if judges had more time to review evidence.
Over a steak dinner, President Barack Obama dined with a dozen Republican senators at the White House on Wednesday evening in search of common ground on a range of issues, most notably the budget, entitlements and tax reform.