A Free Lunch That Only Costs A Few Trillion Dollars But It Will All Be Paid Back 75 Years From Now

      From an op ed piece in the Washington Post by Senators Bill Cassidy (R-LA) and Tim Kaine (D-VV):

… We propose creating an additional investment fund — in parallel to the trust fund, not replacing it — that would be invested in stocks, bonds and other investments that generate a higher rate of return, helping keep the program from running dry.


We estimate that it would take a $1.5 trillion up-front investment into the fund to get it going, and we propose giving the fund 75 years to grow. The Treasury would temporarily shoulder the burden of providing benefits to Social Security beneficiaries — but when the new fund’s 75 years are up, it would pay the Treasury back and supplement payroll taxes to help fill the future gap.

The result? The consistent delivery of Social Security benefits for generations of Americans, and a reduction to the United States’ long-term indebtedness by up to 20 percent. …

OHO Gets 41,000 Hours Of OT In June And Still Loses Ground

 

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Service Is Just Getting Better And Better!

      From a press release:

 Social Security Administration (SSA) today announced significant progress in its ongoing efforts to improve customer service while handling record transaction volumes. Key milestones include:

• Completing over 3.1 million payments to all who were entitled under the Social Security Fairness Act (SSFA) five months ahead of schedule
• Continuing to upgrade SSA’s telephone technology nationwide, deploying the platform to 841 field offices, representing 70 percent of field offices nationwide
• Reducing the average speed of answer (ASA) on the 800 Number to 13 minutes, a 35 percent reduction compared to this time last year and over a 50 percent reduction compared to last year’s annual average
• Optimizing technology on the 800 Number so that 90 percent of calls handled are now served via automated self-service options or convenient callbacks, minimizing hold times
• Implementing a new service model in field offices that has reduced wait times about 10 percent for all customers year-over-year
• Decreasing the initial disability claims backlog by 25 percent, from a record high of 1.2 million cases pending last summer to 950,000 cases pending today
• Achieving a historic low of approximately 276,000 disability hearings pending, with customers experiencing wait times 60 days shorter than last summer
• Upgrading the my Social Security online portal to provide uninterrupted, 24/7 access to customers starting mid-July …

Playing Games With Stats Doesn’t Answer The Phone

      From the Philadelphia Inquirer:

For a “real lesson in torture,” try calling your local Social Security Administration office with a question.

That’s what Marcia Chestnut, a 62-year-old former housekeeper from Philadelphia, sardonically suggests.

In February, Chestnut — who lives with various disabilities — received a notice from the SSA saying her benefits would be cut off by April.

To find out why, Chestnut phoned her local SSA office every weekday for two months. She’d get put on hold for four hours or longer, then the calls would be disconnected.

“Live people don’t answer,” she said. “You’re not getting anybody who’ll talk to you.” …

We spend a lot of time calling Social Security offices on people’s behalf — sometimes 15 times a day,“ [a local advocate] said. ”We’re on hold for hours, then get AI bots spewing random information you never asked for before hanging up. …

Congressional Hearing Scheduled

      From a press release:

House Committee on Ways and Means Chairman Jason Smith (MO-08), Social Security Subcommittee Chairman Ron Estes (KS-04), and Work & Welfare Subcommittee Chairman Darin LaHood (IL-16) announced today that the Subcommittees on Social Security and Work & Welfare will hold a joint hearing to discuss barriers to work and how policymakers can support opportunities for individuals with disabilities to establish, renew, or strengthen their connection to the workforce. The hearing will take place on Wednesday, July 9, 2025, at 2:00 PM …

     When they say “support”, they may mean “demand.”  Time limited benefits would be a possibility. That may be the next logical step for Republicans. Further work incentives are pointless. If you demand that they be half dead to get benefits, why are you surprised that they don’t go back to work? 

    Update: This hearing has already been postponed. No new date given. 

Another Data Point Suggesting That The Average Call Wait Time That Social Security Is Giving Out Is Wildly Optimistic

     A Las Vegas television station did its own checking on call wait times at Social Security and concludes that the 18.5 minute call wait time that the Social Security Administration is giving out is "wildly optimistic."

    I think this needs a Office of Inspector General investigation. 

Defining Deviancy Down

      The Washington Post has an article on the emails from Social Security to beneficiaries touting the passage of the “Big, Beautiful Bill.” Only at the end does it mention how wildly inappropriate the emails are. Apparently, they regard this as something only of interest to “left-leaning” groups.  It’s much the same with USA Today, CNN and NBC News. Apparently, the New York Times has taken off for the long weekend and hasn’t noticed the emails at all. By Sunday or Monday it may just be old news to them.

Happy Independence Day