Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts

Saturday, August 1, 2015

HILLARY’S ‘PROGRESSIVE’ DEMISE

Under her deathly leadership a term loses all meaning and direction.

Barack Obama is the most “Progressive” of recent, and perhaps of all, American presidents. Indeed he is the only recent Democratic president rightly characterized as “Progressive” rather than just liberal.

But with massive increases in government debt and food stamp use, declines in labor force participation, the impending insolvency of the Social Security Disability Fund, relentless unemployment among African-Americans and deteriorating race relations, and by far the worst economic “recovery” in modern American history, one has to ask (in the sarcastic style of my Jewish grandma), “This is progress?!?”

It’s not just that things aren’t going well. It’s that they’re going particularly badly for those whom Progressives claim to care about most (the poor, minorities, the “working class”) while the rich get richer (in itself not a bad thing) and large companies succeed while small companies struggle and new business formation stagnates — a terrible situation in an economy that relies on small and new companies for job growth.

Conservatives have long fretted over Democrats controlling the political lexicon, causing words to mean — Humpty Dumpty style — what liberals say they mean, but we have consistently failed in changing the literal terms of the debate.

Following on Barack Obama’s dismal performance, Hillary Clinton’s candidacy and campaign offer the best opportunity in memory for Americans to reconsider the true meaning of the most fundamental word in the left’s rhetorical arsenal: Progressive.

Mrs. Clinton has yet to propose a truly new idea. Each of her few policy positions are regurgitations of populist pabulum that offer nothing innovative, nothing for Americans to get excited about, no hope to improve the lives of people anywhere on the income spectrum, and no future for our nation. In short, she is a perfect Progressive.

Hillary’s biggest “new” idea is to massively increase the capital gains tax rates and holding period for those Americans in the top income bracket — couples earning over $464,850 per year and individuals earning over $413,200 — creating six tax brackets with holding periods up to six years and confiscatory rates up to a jaw-dropping 43.8 percent.

Bloomberg and even the New York Times have trashed the plan as doing nothing more than making the tax code more complicated while not furthering Hillary’s stated goal of causing corporations and investors to become less short-term focused.

Beyond the feckless political pandering — can you smell Hillary’s fear of Bernie Sanders and Elizabeth Warren? — and economic idiocy of the plan, it’s remarkable that the wife of the man whose vaunted federal budget surplus occurred due to cutting the capital gains tax ratewould so aggressively champion the opposite policy.

Other Clintonian “progress” includes pandering to black voters about “voter suppression” through Voter ID laws even though a recent poll shows that more than three-quarters of Americans, including 58 percent of Democrats, continue to support having to show photo ID before voting. (Data are mixed about the actual impact of the laws on turnout among blacks and other voting groups.)

Of course if you pander to blacks, you have to pander to women as well. Hillary does that in the most predictable fashion, tweeting out the threadbare but mythical “outrage of so many women still earning less than men on the job.”

Hillary is also calling for the installation of half a billion new solar panels in the United States. No matter your view on the merits of solar power (you can count me among the skeptics regarding its value for utility-scale power generation), if this is what counts as innovative policy Mrs. Clinton must have a truly stunted imagination.

In a politically boneheaded statement given Clinton’s need for Silicon Valley’s checkbooks and millennials’ votes, she whines about “the on-demand or so-called ‘gig economy’… raising hard questions about workplace protections.” Actually, Hillary, it doesn’t raise any such hard questions and your union-driven crocodile tears don’t mask the anti-progress nature of your complaints.

Her comment related particularly to ride-sharing service Uber, which received another thinly veiled threat from Clinton: “I’ll crack down on bosses who exploit employees by mischaracterizing them as contractors…” No, Hillary, it’s fairly simple: I own a car. I want to give someone a ride to make a few extra bucks. I don’t need your “protection” and I’m not — and don’t want to be — an employee.

Hillary might offer us even more “progress” if she would answer more questions. But she’s a political greased pig, refusing to take a position on issues ranging from the Keystone XL pipeline, the Trans-Pacific Partnership free-trade treaty, and repealing Obamacare’s medical device tax.

When Hillary Clinton deigns to answer a question, or during one of her remarkably robotic and somnolent teleprompter speeches, she offers hackneyed and harmful policy prescriptions that, even if you’re of a moderately liberal mindset, must strike you as utterly uninspiring and representing anything but “progress.” In trying to be everything to everybody, she’s turning into nothing for anybody.

Soul-crushing big-government policies are, to coin a phrase, failed policies of the past. What’s really new — in the sense that it was abandoned long ago by American politicians of both major parties — is freedom. Freedom-based policies derive from trusting (as Progressives manifestly do not) that Americans are, can be, and prefer to be self-reliant and smart enough to make important and often difficult choices about our own lives and businesses without being nudged, much less shoved, by the Nanny State. More freedom… that would be real progress.

So why do conservatives, who are proposing creative, cost-saving, and freedom-enhancing solutions to a wide range of vexing public policy issues from poverty to education to health care to transportation funding, allow the regressive, bossy, mindless and uncreative left to maintain the mantle of “progressive”? I wish I knew.

Hillary Clinton’s campaign gives Republican candidates an opportunity to ask voters a simple question: If “Progressives” are lying about the very name of their movement, what else are they lying about? The answer, of course, is “nearly everything.”


Friday, July 31, 2015

Social Security: $39 Billion Deficit in 2014, Insolvent by 2035

Abstract
Social Security ran a $39 billion deficit in 2014, closing out five years of consecutive cash-flow deficits as the program’s revenues from the payroll tax and the taxation of benefits are falling short of benefit payments. Absent reform, Social Security benefits will be cut across the board by 23 percent in 2035. Action should be taken today to protect Social Security’s most vulnerable beneficiaries from such drastic cuts without burdening younger generations with massive tax increases or unsustainable debt. Lawmakers should immediately replace the current cost-of-living adjustment with the more accurate chained consumer price index; raise the early and full retirement ages gradually and predictably; phase in a universal, flat benefit; focus Social Security benefits on those who need them most; and enable more Americans to save their money in private retirement accounts.
Social Security’s main program, also known as Old-Age and Survivors Insurance (OASI), ran a $39 billion deficit in 2014, closing out five years of consecutive cash-flow deficits as the program’s unfunded obligations continue to grow.[1] According to the 2015 annual Trustees’ Report, the 75-year unfunded obligation of the Social Security OASI Trust Fund is $9.43 trillion, a $70 billion increase from last year’s unfunded obligation of $9.36 trillion.[2] After including federal debt obligations recorded as assets to the Social Security trust fund of $2.73 trillion, Social Security’s total 75-year unfunded obligation is nearly $12.2 trillion.
The Social Security OASI program is projected to reach insolvency in 2035. This means that the program is expected to have only enough revenue from payroll taxes, interest on the Trust Fund balance, and repayment of borrowed Trust Fund dollars to pay out scheduled benefits until 2035. This is one year later than projected in last year’s report.[3]
If no action is taken to improve Social Security’s solvency before its Trust Fund runs dry, benefits will either be delayed or reduced across the board by 23 percent. Congress should avoid indiscriminate benefit cuts which would harm the most vulnerable beneficiaries the most by adopting commonsense reforms that modernize the outdated Social Security program.

Social Security Is Already Adding to the Deficit

While Social Security’s OASI program is considered to be solvent on paper through 2035, Social Security’s cash-flow deficit is already adding to the federal budget deficit.
Since 2010, the OASI program has taken in less money from payroll tax revenues and the taxation of benefits than it pays out in benefits, generating cash-flow deficits. The 2014 cash-flow deficit was $39 billion. Over the next 10 years, the OASI program’s cumulative cash-flow deficit will amount to $840 billion, according to the trustees’ intermediate assumptions. For as long as the federal government is running deficits in excess of Social Security’s cash-flow deficits, we can assume that this $840 billion shortfall will be matched dollar for dollar by an increase in the public debt.
Social Security’s cash-flow deficits add to the public debt because, in order to pay full Social Security benefits, the Treasury Department has to raise cash in excess of what it receives from the payroll tax and the taxation of benefits. Cash-flow deficits mean that the Treasury can no longer pay all Social Security benefits from the program’s tax income alone. Instead, Treasury must produce additional cash from taxes or borrowing. With annual federal deficits in excess of Social Security’s cash-flow deficit, the OASI program is already adding to the deficit.
Since 2010, the OASI program has taken in less money from payroll tax revenues and the taxation of benefits than it pays out in benefits, generating cash-flow deficits. The 2014 cash-flow deficit was $39 billion. Over the next 10 years, the OASI program’s cumulative cash-flow deficit will amount to $840 billion, according to the trustees’ intermediate assumptions. For as long as the federal government is running deficits in excess of Social Security’s cash-flow deficits, we can assume that this $840 billion shortfall will be matched dollar for dollar by an increase in the public debt.
Social Security’s cash-flow deficits add to the public debt because, in order to pay full Social Security benefits, the Treasury Department has to raise cash in excess of what it receives from the payroll tax and the taxation of benefits. Cash-flow deficits mean that the Treasury can no longer pay all Social Security benefits from the program’s tax income alone. Instead, Treasury must produce additional cash from taxes or borrowing. With annual federal deficits in excess of Social Security’s cash-flow deficit, the OASI program is already adding to the deficit.

What About the Trust Fund?

In the past, when Social Security ran cash-flow surpluses, the federal government spent those surpluses on other federal spending, and in return, the Treasury credited Social Security’s Trust Fund with special-issue government securities. Although this $2.73 trillion in securities is not counted in the total amount of debt held by the public, it represents real debt that will have to be repaid over the coming decades, unless Congress changes current law.[4]
The Social Security Trust Fund represents legitimate repayments plus interest, but this distinction has no bearing on the federal budget’s bottom line. Congress spent all the excess revenues when Social Security was running surpluses, and now repaying those revenues is adding to deficits. As Chart 1 shows, shortfalls in Social Security’s programs represent a considerable portion of current and future deficits.
 
Nevertheless, Congress may change current law at any time, including by eliminating the Social Security Trust Fund. Funds earmarked for OASI through its Trust Fund do not represent accrued property rights, even though these funds come from taxing workers’ wages. Congress’s authority to modify the Social Security program was affirmed in the 1960 Supreme Court decision in Flemming v. Nestor, wherein the Court held that individuals do not have a “property right” to their Social Security benefits, regardless of how many years they paid payroll taxes.[5]

Did You Ever Notice the Asterisk on Your Social Security Statement?


While engaging in the mundane task of gathering financial statements for a “secure retirement” meeting with my husband’s and my adviser, this Baby Boomer stumbled upon documented proof that our nation does not have the guts to confront one of its most serious economic problems. The realization came when I pulled from my files a document statement innocently titled, “Your Social Security Statement.”





At first glance, the statement did not appear menacing. I was told I could expect to receive a benefit of “about $2,136 a month” upon reaching age 70 — which certainly seems like good news. But immediately I thought of a parallel of President Obama’s infamous Obamacare promise: “If you like your Social Security, you can keep your Social Security.”  Then, as if on cue, I saw an asterisk with the following message:  The law governing benefit amounts may change because, by 2033, the payroll taxes collected will be enough to pay only about 77 percent of scheduled benefits. My full form: I could not believe I was seeing the equivalent of what I was just thinking, but with a new twist, “If I like my Social Security, I can keep 77 percent of it.”






I could not believe I was seeing the equivalent of what I was just thinking, but with a new twist, “If I like my Social Security, I can keep 77 percent of it.” With an asterisk, my beloved government was informing me that they will be unable to fulfill their part of a financial arrangement into which, as their statement attested, I had been making mandatory contributions starting in 1971 at age 16.   RELATED: Marco Rubio on Saving Social Security and Medicare This impending “benefit rationing,” reducing my future financial “security” by $492 a month, may, in fact, not be the worst of it. Sitting in the back of my Social Security file was an earlier statement dated March 10, 2009. Again, followed by an asterisk was a sentence that read exactly like my 2015 statement except for two major differences (emphasis added): The law governing benefit amounts may change because, by 2041, the payroll taxes collected will be enough to pay only about 78 percent of your scheduled benefits.




Friday, July 24, 2015

GOP Congressman: ‘Old Age or Disability Does Not Make Someone a Threat to Society’


CNSNews.com) – Speaking on the House floor on Wednesday, Rep. Sam Johnson (R-Texas) warned that President Barack Obama is trying to “deny millions of law-abiding Americans” the right to bear arms “by going through Social Security.”


“Mr. Speaker, President Obama is at it again. He’s now seeking to deny millions of law-abiding Americans their Second Amendment right to bear arms by going through Social Security, and why is that? Because he couldn’t get gun control through the Congress. The American people wouldn’t stand for it,” said Johnson.

“Mr. Speaker, old age or disability does not make someone a threat to society. These folks should be able to defend themselves just like everyone else,” Johnson said.



According to the LA Times, Obama is pushing to extend gun background checks to include “anyone who has been declared incompetent to manage pension or disability payments and assigned a fiduciary.”


“The push is intended to bring the Social Security Administration in line with laws regulating who gets reported to the National Instant Criminal Background Check System, or NICS, which is used to prevent gun sales to felons, drug addicts, immigrants in the country illegally and others,” the LA Times reported.



“As chairman of the Social Security Subcommittee and a staunch defender of the Second Amendment, I will do everything in my power to stop this gun grab. Yesterday, I ordered the commissioner of Social Security to stand down and abandon any such plan. Mark my words: Americans’ Second Amendment rights must and will be protected,” Johnson pledged.


In a letter to Social Security Acting Commissioner Carolyn Colvin, Johnson wrote, “The representative payee system is vital for beneficiaries who need assistance managing their own finances. Millions of responsible seniors and people with disabilities rely on a representative payee. Simply using this system does not mean beneficiaries are a risk to themselves or others.

“Providing information on individuals who have a representative payee to the NCIS is a broad overreach of authority and violates beneficiaries’ constitutional rights. This police runs counter to the aims of the Americans with Disabilities Act (ADA) – the 25th anniversary of which we will celebrate this week – and would stigmatize seniors and people with disabilities and isolate theme from society at large,” Johnson wrote.

The National Council on Disability wrote to Vice President Joe Biden on Jan. 11, 2013 expressing its opposition to such a policy, Johnson noted.

The National Rifle Association’s Institute for Legislative Action (NRA-ILA) applauded Johnson’s efforts to stop Obama’s “gun grab.”

"If left to their own devices, President Obama’s Social Security Administration would be free to implement the largest gun grab in American history,” NRA-ILA Executive Director Chris W. Cox said. “The NRA appreciates Chairman Johnson’s swift action to put a halt to this outrageous scheme that would deny millions of Americans a fundamental constitutional right because they need or want help managing their finances."

"The Obama administration will stop at nothing to strip as many people as possible of their Second Amendment rights,” Cox said. “The NRA will employ all means available to prevent the implementation of such a widespread injustice.”



Tuesday, July 21, 2015

[VIDEO] Obama admin looks to ban some Social Security recipients from owning guns

The Obama administration wants to keep people collecting Social Security benefits from owning guns if it is determined they are unable to manage their own affairs, the Los Angeles Times reported.
The push, which could potentially affect millions whose monthly disability payments are handled by others, is intended to bring the Social Security Administration in line with laws that prevent gun sales to felons, drug addicts, immigrants in the United States illegally, and others, according to the paper.
The language of federal gun laws restricts ownership to people who are unable to manage their own affairs due to "marked subnormal intelligence, or mental illness, incompetency, condition, or disease” – which could potentially affect a large group within Social Security, the LA Times reported.
If Social Security, which has never taken part in the background check system, uses the same standard as the Department of Veterans Affairs – which is the idea floated – then millions of beneficiaries could be affected, with about 4.2 million adults receiving monthly benefits that are managed by “representative payees.”
The latest move is part of the efforts by President Obama to strengthen gun control following the Sandy Hook Elementary School massacre in 2012.
Critics are blasting the plan, saying that expanding the list of people who cannot own guns based on financial competence is wrongheaded.
The ban, they argue, would keep guns out of the hands of some dangerous people, but would also include people who simply have a bad memory or have a hard time balancing a checkbook.
The background check for gun ownership started in 1993 by the Brady Handgun Violence Prevention Act, named after White House Press Secretary James Brady, who was partially paralyzed after being shot in the 1981 assassination attempt on President Ronald Reagan.
Gun stores are required to run the names of potential buyers through a computerized system before every sale.
Via: Fox News
Continue Reading....

Sunday, July 19, 2015

OBAMA’S SECRETIVE GUN BAN FOR SOCIAL SECURITY BENEFICIARIES

In a the latest backdoor gun control effort put forward by the White House, President Obama is pushing to ban gun possession for Social Security beneficiaries who are incapable of handling their own finances.

The specific details of the ban are unknown, as it is being put together “outside of public view.” But the LA Times reports that a ban on gun possession due to inability to handle finances would be sweeping; that it would cover those who are unable to manage their own affairs for a multitude of reasons–from “subnormal intelligence or mental illness” to “incompetency,” an unspecified “condition,” or “disease.”
The Times notes that the finances of roughly “4.2 million” Social Security beneficiaries are handled by someone else.
Yale Psychologist Dr. Marc Rosen has seen this same tact used on US veterans and warns that those applying it to guns under the presumption that needing help with financial management equates to violent tendencies are simply mistaken. Rosen said, “Someone can be incapable of managing their funds but not be dangerous, violent or unsafe. They are very different determinations.”
The Times provides an example of 30-year-old US Marine Steve Overman. He requires help with his finances because of “weakened..memory and cognitive ability” resulting from a roadside bomb in Iraq. The “VA eventually deemed him 100% disabled and after reviewing his case in 2012 declared him incompetent, making his wife his fiduciary.”
Because of this, he had to get his guns out of his house–taking them a relative’s home–in order to avoid losing them. This same scenario could play out again–millions of times–if the Social Security Administration uses the “mental defective” categorization that the VA uses.
Under this one category alone, approximately “2.7 million” Social Security beneficiaries could lose gun rights.

Thursday, June 25, 2015

SSA Paid the Dead $46.8 Million Audit:

 Feds paid disability beneficiary representatives long after they died


The Social Security Administration (SSA) paid individuals acting as representatives for disabled beneficiaries nearly $50 million even though they were dead.
An audit from the Office of Inspector General (OIG) is just the latest example of the SSA’s inability to figure out who on their rolls is still alive.
The audit focused on “representative payees,” or a person who manages another’s finances due to mental or physical limitations. The OIG found that many payees acting on behalf of disability beneficiaries had died.
“SSA did not ensure new representative payees were selected when current payees died,” the OIG said. “Based on our sample results, we estimated 2,548 deceased payees received approximately $46.8 million in [Old-Age, Survivors, and Disability Insurance] OASDI benefits and [Supplemental Security Income] SSI payments.”
The total amount estimated to be “managed by deceased payees” was $46,886,205.
The majority of payments were made to dead payees who controlled payments to OASDI recipients, which receive an average $1,182.24 per month.
The OIG based its results on a sample of 200 representative payees, finding that 109 were deceased. The average total benefit payment to deceased payees was $15,762. Many received payments more than 2 years after their death.
The SSA is more likely to continue payments to dead payees than to cut them off, according to the OIG estimates. A total of 2,548 deceased payees received payments, while only 2,014 payees were not issued benefit funds after their death.
Though the OIG said a majority of payments to the dead did not show signs of fraud, the report highlights continuing problems with the SSA’s record keeping methods.

Friday, June 19, 2015

[VIDEO] How did federal agency get $500M from stimulus? ‘We misled Congress,’ ex-official says

On paper, it sounded like a true government success story: The Social Security Administration in September opened a "state-of-the-art" data center in Maryland, housing wage and benefit information on almost every American, "on time and under budget." 
However, six years after Congress approved a half-billion dollars for the project -- the largest building project funded by the 2009 stimulus -- a whistleblower says the center was built on a lie. 
"We misled Congress," Michael Keegan, a former associate commissioner who worked on the project, told FoxNews.com. 
Officials originally claimed they needed the $500 million to replace their entire, 30-year-old National Computer Center located at agency headquarters in Woodlawn, Md. But Keegan says they overstated their case -- the agency has no plans to replace the center, and only moved a fraction of the NCC to the new site. 
Keegan's claims were first heard last week at a Senate Homeland Security Committee hearing, where he testified on alleged retaliation he faced as a whistleblower. Though two watchdog agencies previously discarded his complaints, documents submitted to Congress and obtained by FoxNews.com along with congressional records appear to back him up, at least in part. They show:  
1) SSA officials told Congress in 2009, and as late as 2011, they planned to "replace" the National Computer Center, using $500 million from the stimulus. 
2) That never happened. Rather, the agency built a new data center called theNational Support Center, in Urbana, Md. This now houses data center functions from the National Computer Center, and is what was touted inSeptember 2014. But the original, supposedly outdated NCC continues to operate, and hundreds still work there. And transcribed depositions from Keegan's lawsuit against the agency show top officials indeed have no plans to replace the entire NCC. 
Keegan maintains the agency didn't have to move anybody out of the NCC, and could have simply renovated the floor holding the old data center. 
"The data center occupies one half of one floor in a four-story building," he told FoxNews.com. "We didn't need to build [the new center] to begin with." 
Agency leaders disagree, and forged ahead. Yet the records show while officials originally talked about replacing the building, there are no plans to do so now. 

Sunday, June 14, 2015

Former Top Counterintel Official: Hack 'Tells the Chinese the Identities of Almost Everybody Who Has Got a U.S. Security Clearance'

FILE - In this June 5, 2015, file photo, a gate leading to the Homeland Security Department headquarters in northwest Washington. Hackers stole personnel data and Social Security numbers for every federal employee, a government worker union said Thursday, June 11, 2015, charging that the cyberattack on U.S. employee data is far worse than the Obama administration has acknowledged. (AP Photo/Susan Walsh, File)
WASHINGTON (AP) — Deeply personal information submitted by U.S. intelligence and military personnel for security clearances — mental illnesses, drug and alcohol use, past arrests, bankruptcies and more — is in the hands of hackers linked to China, officials say.
In describing a cyberbreach of federal records dramatically worse than first acknowledged, authorities point to Standard Form 86, which applicants are required to complete. Applicants also must list contacts and relatives, potentially exposing any foreign relatives of U.S. intelligence employees to coercion. Both the applicant's Social Security number and that of his or her cohabitant are required.
In a statement, the White House said that on June 8, investigators concluded there was "a high degree of confidence that ... systems containing information related to the background investigations of current, former and prospective federal government employees, and those for whom a federal background investigation was conducted, may have been exfiltrated."
"This tells the Chinese the identities of almost everybody who has got a United States security clearance," said Joel Brenner, a former top U.S. counterintelligence official. "That makes it very hard for any of those people to function as an intelligence officer. The database also tells the Chinese an enormous amount of information about almost everyone with a security clearance. That's a gold mine. It helps you approach and recruit spies."
The Office of Personnel Management, which was the target of the hack, did not respond to requests for comment. OPM spokesman Samuel Schumach and Jackie Koszczuk, the director of communications, have consistently said there was no evidence that security clearance information had been compromised.

Friday, June 12, 2015

OPM Hackers Stole Data on Every Federal Employee

June 11, 2015 The hackers that infiltrated the Office of Personnel Management last year swiped the personal information of every federal employee working in government, a number potentially far greater than the 4 million previously reported, according to a labor union of government workers.
In a letter sent to OPM director Katherine Archuleta and obtained by National Journal, American Federation of Government Employees President J. David Cox wrote that the hackers stole social security numbers, birthdays, addresses, military records, job and pay histories and various insurance information, in addition to age, gender and race data.
"Based on the sketchy data OPM has provided, we believe that the Central Personnel Data File was the targeted database, and that the hackers are now in possession of personnel data for every federal employee, every federal retiree, and up to one million former federal employees," Cox wrote in a letter dated Thursday.
"We believe that Social Security numbers were not encrypted, a cybersecurity failure that is absolutely indefensible and outrageous," he added.
Cox said that the 18 months of credit monitoring and $1 million in liability insurance that OPM has offered affected employees is "entirely inadequate, either as compensation or protection from harm."
Last week federal officials announced that data of as many as 4 million former and current federal employees had been exposed. The breach occurred in December and was detected in April, officials said, and many have attributed the intrusion to China. The size of that hack was already considered one of the largest and most devastating on record. After the breach was announced, OPM signed a $20 million contract with a private cybersecurity company to provide identity-fraud protection services for affected employees.
Officials did not immediately respond to a request for comment.
Earlier on Thursday, the Senate rejected a push by Majority Leader Mitch McConnell to allow a cybersecurity measure to be added as an amendment to an ongoing debate over the National Defense Authorization Act. McConnell had tried to use news of the OPM hack to jam the bipartisan measure through, but Democrats—including some of the bill's supporters—argued that such important legislation was deserving of fuller debate.

Saturday, June 6, 2015

Nearly $17 billion overpaid in Social Security disability payments

A record number of Americans are receiving Social Security disability benefits and it appears that a lot of the beneficiaries are either ineligible or received overpayments by SSA.
Washington Free Beacon:
The Social Security Administration (SSA) made nearly $17 billion in disability overpayments in the last decade, according to an audit by the Office of Inspector General (OIG).
Some beneficiaries were able to receive disability benefits for 10 years, even though they were ineligible. The OIG based its estimate of $16.8 billion overpayments on a sample of more than 1,500 Americans who received benefits since 2003, finding nearly half were overpaid.
“Our review of 1,532 beneficiaries in current pay status as of October 2003 found that over a 10-year period (from October 2003 through February 2014), SSA assessed overpayments for 44.5 percent of sampled beneficiaries,” the audit said.
“SSA assessed overpayments totaling about $16.8 billion between October 2003 and February 2014 for approximately 4 million beneficiaries who were in current payment status in October 2003,” it said.
The agency was able to recover approximately $8.1 billion, though it is still trying to retrieve $6.3 billion in benefits.
The average beneficiary in the OIG’s sample received improper payments for 14 months. Most earned too much or were able to work, making them ineligible for disability.
The findings included 216,070 payments to fugitives or prisoners, and 209,643 payments to dead people.
Responding to the audit on behalf of the agency, Frank Cristaudo, counselor to SSA Commissioner Carolyn Colvin, disputed that all payments were improper. He said federal law requires the agency to continue paying beneficiaries who may be medically ineligible until after they appeal, a process that can take years.
“We appreciate OIG’s follow-up work from the previous review,” Cristaudo said. “While the report does not contain any recommendations, we suggest some further clarification of the text of the report.”
Via: American Thinker

Continue Reading.... 


Read more: http://www.americanthinker.com/blog/2015/06/nearly_17_billion_overpaid_in_social_security_disability_payments_.html#ixzz3cICnuCC9
Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook

Friday, May 29, 2015

ABC’s 20/20 Exposes Rampant Disability Fraud

In a surprising segment, ABC’s 20/20 highlighted several cases of freeloading by people looking to fraudulently claim disability. While the program did not get to the heart of the matter – just how easy it is to claim disability and the skyrocketing cost of the program – noting a major flaw in an expensive government program is rare for a liberal network like ABC.  

The show mentioned people faking or exaggerating toe injuries, ankle injuries, PTSD, and supposed injuries on the job. Through an interview with Byron Tucker of the California Department of Insurance, ABC showed the cost of widespread fraud. Tucker argued that “when people submit fraudulent worker comp[ensation] claims and they get paid for it, well, that causes premiums to rise. John and Jill Public pay those prices.” Disability fraud deserves more attention from the media given the cost of the program; the federal government spends more on disability than it does on food stamps and welfare combined. Credit ABC for reporting on this little-discussed issue.

The transcript below details several more examples of disability fraud. 
ABC
20/20
May 22, 2015
10:00 p.m. Eastern
ELIZABETH VARGAS, ABC News: Good evening. David is off tonight, but 20/20 is on the case, asking the question, who's free loading? People are getting disability from injuries they say keep them from working. Well, on this Memorial Day weekend, a lot of you will be taking it easy and so will they, but with your money. Tonight, they're caught in the act, on tape. Here's Cecilia Vega.
BEAUTY PAGEANT ANNOUNCER: Ladies and gentlemen, these are your Grand Prix finalists.
CECILIA VEGA, ABC News: Beauty contestant Shawna Palmer appears poised to take home the crown with her bikini-ready body, winning smile and legs that go for miles. Last April, Palmer strutted her stuff on stage in Long Beach, California, hoping to become the next Miss Toyota Grand Prix.
BEAUTY PAGEANT ANNOUNCER: Say hi to Shawna.
VEGA: But put on the brakes. Can you spot the major foot injury that supposedly kept this contestant from being able to do her day job? Palmer claimed she hurt her left big toe working as a supermarket clerk. She said the painful injury left her with, quote, "an inability to bear weight" on her foot. But shortly after going to the doctor, prosecutors say she apparently had no problem working it in a pair of pumps, no less.
BEAUTY PAGEANT ANNOUNCER: And she loves dirt bikes.
VEGA: Insurance investigators arrested Palmer on charges of illegally collecting workers' compensation benefits totaling over $24,000.
VIRGINIA BLUMENTHAL: She did not lie, whatsoever, regarding her foot injury.
VEGA: She pleaded not guilty to three felony counts of fraud.
SHAWNA PALMER: Yes, your honor.
VEGA: You might think suspected offenders of false claims would want to avoid the spotlight, but meet Leroy Barnes, a professional dancer who claimed total disability after getting hurt on a gig. Yet, investigators say he's right here, shaking his tail as one of those dancing hamsters in the Kia car commercials. Barnes stands accused of fraudulently collecting over 50 grand in disability. For now, this hamster's out of his cage. He pleaded not guilty and is free on bail. Then, there's the curious case of Dan Slewoski, a Chicago-area man who said he was unable to perform his job at the Department of Public Works due to a nerve condition.
FIGHT ANNOUNCER: Are you ready?
VEGA: But city investigators say he had the nerve to perform in an extreme wrestling tournament, doing his best Hulk Hogan, climbing the ropes and fake-pummeling some poor sap, all while on government-paid medical leave. Slewoski might look menacing in that ring, but he hid behind his door while answering questions from ABC's I-team in Chicago.
Via: Newsbusters

Continue Reading....

Popular Posts