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Nov 16, 2009

Michael Astrue, Esquire


From Esquire magazine (number 16), quoting Michael Astrue, Commissioner of Social Security:
Our system can now scan each of the millions of disability applications we receive for key words to find cases that should be granted without question because of a medical situation. This saves money. Also, a word about insolvency: What that means is that in 2037, the current estimate for "insolvency," we could pay only about 75 percent of benefits. So it's not like there's a cliff. And my bet is that in fact it'll be pretty close to 100 percent.

3 comments:

  1. Amusingly different take on "insolvency" than when he was part of a Republican administration. Isn't flexibility in a politician grand?!

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  2. wrong shade of lipstick!

    ReplyDelete