WASHINGTON (AP) -- Social Security overpaid disability beneficiaries by nearly $17 billion over the past decade, a government watchdog said Friday, raising alarms about the massive program just as it approaches the brink of insolvency.
While he hasn't formally announced he's running for president, Governor Christie made a statement this week implying some major changes need to happen nationwide. According to him, Medicare and Social Security need serious reform, including a means test and a higher retirement age.
WASHINGTON (AP) -- Despite some good news, Medicare and Social Security still face long-term financial problems as millions of baby boomers reach retirement. Social Security's disability program is already in crisis as it edges toward the brink of insolvency.
WASHINGTON (AP) -- Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. Nearly $300 million later, the new system is nowhere near ready and agency officials are struggling to salvage …