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    VIDEO: Three Reasons to Reform Social Security Now

    In a recent video by ReasonTV, Nick Gillespie describes Social Security as a “fiscal and demographic disaster.” Heritage research provides further support that the program “desperately needs to be reformed right now—for at least three reasons”: Social Security pays more in taxes than it receives in benefits. A recent Heritage … More

    Disability and Unemployment: Putting an End to Double-Dipping

    The number of people on Social Security Disability Insurance (SSDI) reached a record high this year. But a large number of people are double-dipping from both the disability insurance (DI) and unemployment insurance (UI) programs. A bill introduced last week would put an end to these overpayments, which unnecessarily drain the … More

    Social Security's Disability Program Faces an Empty Trust Fund

    With continuing unemployment problems driving more and more Americans to seek Social Security disability benefits, that program’s already weakened trust fund faces a bleak future. Just as unemployed older workers have been forced to apply for Social Security retirement benefits much earlier than they expected, thousands of other unemployed people … More

    A Brand of "Independence" Only Obama Could Love

    President Barack Obama promised in his Oval Office speech that an “independent third party” would be responsible for overseeing the distribution of $20 billion in funds set-aside to compensate those harmed by the BP oil spill disaster. Apparently, though, “independence” is all in the eye of the beholder. When that … More

    Social Security Surplus Withers, But That's No Surprise

    Hundreds of thousands of recession-induced retirements are proving to be terrible news for the Social Security Administration, leading to the total decimation of its annual surplus for the first time in 25 years, according to USA Today. But this morning’s headline really doesn’t qualify as “news,” per se, given that … More

    Morning Bell: The Recession Did Not Create Our Entitlement Crisis

    Reuters reports: Recession Hurts Medicare and Social Security. The New York Times blares: Recession Drains Social Security and Medicare. And CNN follows suit: Recession Hits Social Security Hard. This spin all comes out of the Social Security and Medicare Boards of Trustees annual report which is signed by Obama Treasury … More