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Jul 20, 2010

Poll: Faith in Social Security system tanking
A USA TODAY/Gallup Poll finds that a majority of retirees say they expect their current benefits to be cut, a dramatic increase in the number who hold that view. And a record six of 10 non-retirees predict Social Security won't be able to pay them benefits when they stop working.

Jul 15, 2010

Poll: Don't mess with Social Security
Four in five Americans oppose raising Social Security's retirement age, with two-thirds strongly opposing such a proposal, a national survey indicated Thursday. Fully 96 percent say Social Security money belongs to the people who contributed and to their beneficiaries, and not to the government.

Jul 15, 2010

Left vows to fight any fiscal panel proposals to cut Social Security
Social Security payments will exceed the revenue the program takes in through payroll taxes for the first time this year, according to a Congressional Budget Office report released in March. But the program still has about $2.5 trillion in surplus funds — enough to pay out the full level of benefits until 2037.

Jul 14, 2010

Both parties mull raising retirement age
A deficit commission appointed by President Obama is due to present its findings on how to reform major programs like Social Security and defense in November, and it is widely expected to endorse measures like raising the retirement age and others mentioned by the leaders.

Jul 10, 2010

Lawmakers Defend Social Security’s Chief Actuary in Clash With Commissioner
Lawmakers said they had learned of tensions between Mr. Goss, a civil servant who has worked at Social Security for 37 years, and Michael J. Astrue, the commissioner of Social Security, who was appointed by President George W. Bush to a six-year term that ends on Jan. 19, 2013. People close to Mr. Goss and Mr. Astrue said the disagreements involved personal chemistry, Social Security policy and the technical quality of Mr. Goss’s work on disability programs — not political ideology.

Jul 9, 2010

No full Social Security benefits until age 70?
No one who's slated to receive benefits in the next decade or two is likely to be affected, but there's a gentle, growing and unusually bipartisan push to raise the retirement age for full Social Security benefits for people born in the 1960s and after.

 

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