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The Latest Breaking News from Social Security

Ahead of the May 14 election, parties are outlining populist policies, with few bothering to spell out how they will fund them.

Bangkok Post

To Balance the Budget, Republicans Must Cut Military Spending, Trim Entitlements, or Raise Taxes

If Republicans refuse to gore their three sacred cows, a new CBO report shows that balancing the budget is literally impossible.

Reason

Devolved benefits and payments only available to people in Scotland set to increase next month

Scottish Child Payment has already increased to £25 per week for every eligible child.

Daily Record

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The fight over the debt ceiling could sink the economy. This is how we got here

Once upon a time, raising the nation's borrowing limit was considered a fairly routine vote. Today, Biden and the GOP are on a partisan collision course that risks landing the U.S. in default.

WEKU

DWP change will see thousands fast-tracked for disability benefits including PIP and DLA

The Social Security (Special Rules for End of Life) Bill will allow people to quickly claim benefits up to 12 months in advance if they are diagnosed terminally ill

Manchester Evening News

Chicken-or-egg game is on as Congress barrels toward debt limit

WASHINGTON — A House budget resolution will be delayed in part to allow for negotiations with President Joe Biden on a debt limit increase paired with some sort of concessions on spending and other policies acceptable to Republicans, according to House Budget Chairman Jodey C. Arrington.

Tribune News Service

Going ahead with tougher sanctions for benefit claimants ‘foolish and unfair’

A think tank warned that more people on social security are at risk of hardship and destitution if their payments are cut.

The Independent UK

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Pence seeks 'common sense' Social Security, Medicare reform

Former Vice President Mike Pence is calling for “common sense and compassionate solutions” to reform entitlement programs and the nation’s debt burden

The Independent UK

The Best Places to Retire in the World

When it comes to the best places to retire in the world, which country is at the top of the list? And where does the U.S. feature on the leaderboard? We investigate.

Kiplinger

Scott Burns: Can you live on Social Security benefits and nothing else in Texas?

Is it possible to live on Social Security benefits and nothing else?

Tribune News Service

New update on devolved disability payment processing times for people waiting on decision

Some 60% of nearly 20,000 new applications were approved for an award of up to £627 a month by January 2023.

Daily Record

Carer’s Allowance set to be replaced by new payment before end of this year

A full rollout of the new devolved benefit is expected to begin across Scotland in Spring 2024.

Daily Record

Debt limit breach would be ‘devastating’ for banks, Yellen says at hearing

WASHINGTON — Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound in the aftermath of Silicon Valley Bank's collapse. But she warned that failure to raise the debt limit in time would be devastating for banks after the turmoil.

Tribune News Service

Yellen: Debt limit breach would be 'devastating' for banks - Roll Call

Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound despite Silicon Valley Bank's collapse.

Roll Call

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The Conversation

Why it's hard for the US to cut or even control Medicare spending

President Joe Biden’s 2024 proposed budget includes plans to shore up the finances of Medicare, the federal health insurance program that covers Americans who are 65 and up and some younger people with disabilities.

Tribune News Service

Editorial: Seniors beware: Biden policies threaten entitlements

Older Americans tend to vote, and they also tend to be wary of politicians who propose entitlement reform. That combination typically leads to inertia among elected officials whose objective is self-preservation.

The Conversation

Why robodebt's use of 'income averaging' lacked basic common sense

The practice of “income averaging” to calculate debts in the robodebt scheme was completely flawed. This is what I confirmed in my new report conducted for the robodebt royal commission published last Friday, the final day of the commission’s public hearings.

Tribune News Service

DeSantis scores 1st congressional endorsement over Trump, from Texas Rep. Chip Roy

WASHINGTON – Florida Gov. Ron DeSantis scored his first congressional endorsement for president, as Texas Rep. Chip Roy, a leader in the far-right Freedom Caucus, urged conservatives Wednesday to look past Donald Trump in 2024.

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The Independent UK

In nursing homes, impoverished live final days on pennies

A half-century-old bit of American bureaucracy is leaving hundreds of thousands of nursing home residents in an unthinkable bind: Living on as little as $30 a month

Boston Herald

Joe Battenfeld: Bank failures fueling insecurity and angst among American voters

The collapse of Silicon Valley Bank and two other large banks is fueling economic insecurity and angst among an already rattled American public and is prompting a major damage control effort by President Joe Biden.

Tribune News Service

Trump views DeSantis as strongest GOP challenger in 2024

Former President Donald Trump said he considers Ron DeSantis as his strongest potential challenger for the Republican nomination and attacked the Florida governor during his first 2024 campaign stop in Iowa.

The Independent UK

Haley wants entitlement program changes for younger people

Republican presidential candidate Nikki Haley is proposing changes to entitlement programs for younger generations, opening the door to potential cuts to Social Security and Medicare if elected

The Independent UK

Trump sidesteps looming criminal probes as he goes after DeSantis in Iowa speech

The former president makes his case in Iowa as the 2024 campaign kicks off in earnest

Daily Record

Humza Yousaf vows to shift independence campaign into 'fifth gear'

Social security minister Ben Macpherson had said it would take longer than the short or medium term for Scotland to become a successful independent country.

Daily Record

New details for people on Carer’s Allowance moving to devolved payment next year

A full rollout of the new devolved benefit is expected to begin across Scotland in Spring 2024.

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