Nov 27, 2014

Bill To End Benefits For Suspected Nazi War Criminals To Advance

     From The Hill:
The House will vote next week on a bill that would eliminate government benefits for suspected Nazi war criminals. 
House Majority Leader Kevin McCarthy's (R-Calif.) office released a schedule Wednesday outlining next week's floor agenda that showed the bill, H.R. 5739, will be considered under a fast-track procedure, indicating that it will pass easily.
     There are no unrelated items in the bill, making it almost completely symbolic.  Far more money will be spent passing and implementing this than could possibly be saved.

Nov 26, 2014

Field Offices To Be Closed To Public On Friday

     I just got a tweet from Social Security saying that their field offices will be closed to the public Friday. I don’t know why they waited so late on announcing this. Social Security staff who aren’t taking the day off are supposed to be at work Friday.

Declining Disability Claims

From a recent report by Social Security's Office of Inspector General


Nov 25, 2014

Fees For Representing Social Security Claimants Going Down

     As part of a virulently hostile piece about attorneys who represent the disabled, the Manhattan Institute, a right wing "think tank", posted this graph, which undermines their argument a bit:

Nov 24, 2014

Updated Disability Trust Fund Numbers

     The numbers are now available on the operations of Social Security's Disability Insurance Trust Fund through the third quarter of this year. To make it a little easier to understand, I'll give the net decrease in the Trust Fund balance for each quarter this year, in billions, and the comparison to 2013.
  • 1st Quarter 2014 -$6.4 billion, $1.5 billion better than in 1st Quarter 2013
  • 2nd Quarter 2014 -$4.1 billion, $0.2 billion worse than in 2nd Quarter 2013
  • 3rd Quarter 2014 -$10.1 billion, $0.3 billion better than in 3rd Quarter 2013
     The net is a reduction in the Disability Trust Fund of $20.6 billion through the first nine months of 2014, which is $1.6 billion better than during the same time period of 2013. The intermediate projection of Social Security's Chief Actuary was that the decline in the Disability Trust Fund would be exactly the same in 2014 as in 2013, $32.2 billion, so, thus far this year, the rate of decline is about 5% better than projected. Does that continue in the 4th quarter? More important, does the improvement continue next year and in coming years?