For years, policymakers have reassured the public that Social Security will be solvent for decades. But outlay and income data from the Treasury reveal that Social Security is already deep in the red — by $76 billion in 2010 a…
Besides the unemployed, nobody is getting hurt worse in this economy than seniors. Prices on many commodities are skyrocketing, but the Consumer Price Index, which is the yardstick used to adjust Social Security for inflation,…
The federal government sent out checks to 89,000 dead or incarcerated people in 2009 as part of the $814 billion stimulus program, a watchdog reported.
One component of the stimulus plan was the distribution of $13 billion by the Social Security Administration, The Washington Post said. The money was to go to 52 million eligible beneficiaries in checks of $250 each.
The SSA did not…
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Stimulus Program Sent Checks to 89,000 Dead, Incarcerated People originally appeared on DailyFinance on Fri, 08 Oct 2010 06:32:00.