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.
Liberal lawmakers from Congress and a coalition of like-minded groups rallied outside the White House on Tuesday, voicing frustration at the Democratic president they say has let them down by proposing cuts to Medicare and Social Security.
Several liberal grassroots groups are opposing President Barack Obama’s soon-to-be released budget for cutting Social Security.
Confronting bipartisan criticism, President Barack Obama conceded Saturday his proposed budget is not his “ideal plan” but said it offers “tough reforms” to the nation’s benefit programs while closing loopholes for the wealthy, a mix that he argued will provide long-term deficit reduction without harming the economy.
The Supreme Court is indicating it could strike down the law that prevents legally married gay couples from receiving a range of federal benefits that go to married people.
Weeks before President Barack Obama’s State of the Union address, White House aides were locking down a plan for the sales pitch that would follow during three days of travel focused on his main themes.
Democratic lawmakers on Thursday denounced Republican Attorney General Ken Cuccinelli’s remarks in his new book about government programs like Medicare and Social Security.
Social Security and other federal benefits recipients who currently receive paper checks have just over one month to register for Direct Deposit.