Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Social Security debate (United States)


Related Topics

In the News (Sun 12 Oct 08)

  
  The Social Security Debate in the United States (PRB 05-41E)   (Site not responding. Last check: 2007-10-14)
Social Security in the United States is a mandatory, contributory social insurance program that provides wage earners with a basic level of income during retirement.
Under the Social Security Act, a Board of Trustees(12) is charged with overseeing the financial operation of the OASI and DI trust funds, and reports annually to Congress on the financial and actuarial state of the funds.
Social Security in the United States was born in the Depression era and has grown to be one of America’s largest federal spending programs.
www.parl.gc.ca /information/library/PRBpubs/prb0541-e.htm   (5679 words)

  
 Social Security (United States) - Knowmore
Social Security in the United States is a social insurance program funded through a dedicated payroll tax.
The Social Security portion of this tax is 6.2% of the first $90,000 (in 2005) of an employee's income paid directly by the employer, and an additional 6.2% of the first $90,000 (in 2005) deducted from the employee's paycheck, yielding an effective rate of 12.4% of an employee's income.
A side effect of the Social Security program in the United States has been the near-universal adaptation of the program's identification number, the Social Security number, as a form of unique identification in the U.S. A multitude of U.S. entities use the Social Security number as a personal identifier.
www.knowmore.org /index.php/Social_Security_(United_States)   (2983 words)

  
 Washington Post Calls for Debate
On the one hand, Social Security is not, as some would have it, yet another failed, oversized government program: It is popular precisely because it has fulfilled its original purpose, which was to protect the elderly from debilitating poverty.
"Social Security reform would be an expensive project, because it means that current workers during a transitional period will have to pay both for current benefits and for their own futures.
Social Security reform could be accomplished with individual accounts, privately run pension funds, government-run pension funds or some combination of all three.
www.socialsecurity.org /daily/12-09-02.html   (664 words)

  
 Social Security   (Site not responding. Last check: 2007-10-14)
Unless otherwise stated, all dollar figures are indexed for inflation, wage growth, and other economic parameters to produce numbers that are consistent in terms of the year 2000.
In an example where a person is projected to receive $15,000 in Social Security benefits in the year 2017, this refers to an amount of money that would have the same buying power as $15,000 in the year 2000.
She paid a total of $24.74 in Social Security taxes and received a total of $22,888.92 in Social Security benefits (numbers not adjusted for inflation).
www.justfacts.com /socialsecurity.htm   (3163 words)

  
 The Urban Institute | Social Security
Since Social Security was first enacted, vast changes have occurred in the economy, life expectancy, health care, the physical demands of jobs, labor force participation, and even the definition of elderly.
The Social Security debate could and should be part of a larger one in which we engage our fellow citizens in figuring out how to take best advantage of new opportunities created by longer lives and better health.
Since Social Security was first enacted, vast changes have occurred in the economy, life expectancy, health care, the physical demands of jobs, the labor force participation of women, and even the age at which one can be considered old.
www.urban.org /retirees/socialsecurity.cfm?page=3   (949 words)

  
 Stanford GSB: Jackson Library: Hot Topics
Senior citizens might be the most outspoken on Social Security reform, but both sides of the debate have also been increasingly battling for support from people 35 and younger, who they think will be a key factor in determining the outcome.
In proposing on Thursday night to cut Social Security benefits for future generations of retirees, President Bush made two big bets, one political, one on the substance of his policy, and if he is to succeed in remaking the retirement system, both of them will probably have to break his way.
This paper compares Social Security benefits relative to those paid from private investments: specifically, whether 2003 retirees would gain more retirement income if they had invested their payroll taxes in private accounts during their working years.
www.gsb.stanford.edu /library/articles/hottopics/social_security.html   (776 words)

  
 The Social Security Debate   (Site not responding. Last check: 2007-10-14)
When Social Security started, it grew to have the reputation of “the most successful government program ever.”  The early retirees were persuaded it was such a well-run program because they were getting benefits from younger workers (and had not paid for them themselves).
I enjoyed your article regarding the Social Security 'trust fund,' but I have a question regarding the statement at the end: "The private accounts, the personal accounts, do not, in themselves solve the full Social Security problem." They don't, in fact, even narrow the gap between promised Social Security benefits and projected tax revenues.
Converting Social Security to a funded savings account-based plan while paying off the so-called "transition costs" of the plan is doing essentially that with part of the program.
politics.ryanrenn.com /social_security.htm   (2948 words)

  
 Amazon.com: Social Security: The Phony Crisis: Books: Dean Baker,Mark Weisbrot   (Site not responding. Last check: 2007-10-14)
Social Security PRIVATEERS tell us that in 2029.or 2032...now 2050 (notice that the date has to be constantly readjusted BACK every year) it is "calculated" by a Government advisory commission that Social Security won't have enough income to cover more than 75 percent of the benefits it must pay to aging baby boomers.
Social Security isn't in trouble and the criticisms of it are not logical as the authors of "The Phony Crisis" point out.
Second, Social Security is not an "investment" program, it is a program of social insurance designed to insure the elderly, the disabled and the spouses/children of the dead and disabled against poverty.
www.amazon.com /Social-Security-Crisis-Dean-Baker/dp/0226035468   (2603 words)

  
 Social Securty Debate and Poll
The Social Security system contributes to the well being of Americans by providing a foundation of retirement income which permits seniors to live in dignity and relieves younger family members of the obligation for their support.
In fact, 38 percent of Social Security benefits go not to retired workers, but to disabled workers, families of retired or disabled workers and survivors of deceased workers.
The Social Security trustees have said that in the long term the system will go bankrupt.
www.youdebate.com /DEBATES/social_security.HTM   (653 words)

  
 Urban Legends Reference Pages: Social Security
The immigrant knew they were using an illegal Social Security number but without regards of the impact of the victim.
In every case, in every State, where someone's Social Security number was stolen by an illegal immigrant to use to find work, the victim's credit history is destroyed.
Such persons would still be eligible to collect Social Security benefits in the future; they just wouldn't receive credit for payments they had already made into the system.
www.snopes.com /politics/immigration/socialsecurity.asp   (514 words)

  
 About the USA > Society >Social Welfare
But such a movement was slow to take hold in the United States because the rapid pace of industrialization and the ready availability of farmland seemed to confirm the belief that anyone who was willing to work could find a job.
Recently, there has been concern that the Social Security fund may not have enough money to fulfill its obligations in the 21st century, when the population of elderly Americans is expected to increase dramatically.
Volunteerism is on the rise in the United States, especially among retired persons.
usa.usembassy.de /society-socialsecurity.htm   (912 words)

  
 The Public Program Testing Organization Studies Waste and Fraud in Government
As the President stated, Bin Laden has declared Baghdad to be the "Capital of the Caliphate," which would be one mammoth Islamic state comprising over a billion people, and extending from Indonesia to Morocco.
PPTO Director Joe Fried participated in an informative "Conversation on Strengthening Social Security," held on March 30, 2005 in Cedar Rapids, Iowa.
Social Security (the SSI program, financed from the Treasury's general fund) gives monthly benefits to the parents of disabled children, to spend on those children, but no one reviews how that money is actually spent.
www.socialsecuritywaste.org   (1310 words)

  
 Keep the Security in Social Security: Online Resource Center
This extremely informative guide covers all the ins and outs of how Social Security works, what the effects of privatization would be, and offers some proposals of how we can keep Social Security secure without risky privatization schemes.
Social Security doesn’t just ensure a secure retirement; it’s also a disability policy and a life insurance policy.
For example, Social Security would stay secure for the next 75 years if the wealthiest citizens in our country received 80% of the President’s tax cuts instead of the full amount the President is requesting.
stabenow.senate.gov /socialsecurity   (768 words)

  
 Social Security (United States) - Wikipedia, the free encyclopedia
The Social Security Administration is headquartered in Woodlawn, Maryland just to the west of Baltimore.
The social security number, or SSN, is issued pursuant to section 205(c)(2) of the Social Security Act, codified as 42 U.S.C. § 405(c)(2).
Social Security Q and A by economist Doug Orr from Dollars and Sense
en.wikipedia.org /wiki/Social_Security_(United_States)   (6799 words)

  
 FDR Site Rejects Social Security Forum Debate Called Politically Slanted
The April 9 forum, titled ''Is the Privatization of Social Security a False Promise for all Generations?,'' is to feature a panel of three experts, all from the national Older Women's League, and a keynote address by U.S. Rep. Maurice Hinchey, D-Hurley.
The 65th anniversary of Social Security was celebrated with a public program sponsored by the Social Security Administration in 2000.
Forums on Social Security reforms, both pro and con, have been held around the country in recent months, including some organized by the Bush administration.
www.globalaging.org /pension/us/socialsec/2005/slanted.htm   (691 words)

  
 Online NewsHour: Social Security Debate Arrives at Senate Finance Committee -- April 26, 2005
The Senate Finance Committee began holding hearings Tuesday on whether Social Security needs an overhaul, while President Bush continued making his case for changes at an event in Texas and demonstrators took to Capitol Hill to protest the idea of allowing personal accounts.
MARGARET WARNER: Today, as President Bush neared the end of his 60-day campaign for private Social Security accounts, he was touting his proposal's merits in Galveston, Texas.
PETER FERRARA: My goal is to make Social Security reform a major net gain for workers, not a loss.
www.pbs.org /newshour/bb/social_security/jan-june05/ss1_4-26.html   (844 words)

  
 Framing the Social Security Debate   (Site not responding. Last check: 2007-10-14)
In his 1998 State of the Union address, President Clinton challenged Americans to a public debate about how to fix the long-term financial problems of Social Security.
Competing reform proposals reflect contrasting views about the nature of the Social Security problem and how to solve it.
This book examines issues about privatization, national savings and economic growth, the political risks and realities in reforms, lessons from private pensions developments in the United States, and the efforts of other advanced industrial countries to adapt their old-age pensions to an aging population.
www.brookings.edu /press/books/socsecdb.htm   (358 words)

  
 The debate on Social Security reform in the United States — Cerp   (Site not responding. Last check: 2007-10-14)
The debate on Social Security reform in the United States — Cerp
The debate on Social Security reform in the United States
"The Security of Social Security Benefits and the President’s Proposal" by Richard Kaplan
cerp.unito.it /focus/the_debate_on_social   (342 words)

  
 SOCIAL SECURITY DEBATE 2005   (Site not responding. Last check: 2007-10-14)
Distractions in the Social Security Debate - Mises Institute 12/04
Social Security Privatization Crisis: Assessing the Impact on African-American Families - CBCF 1/05 *.pdf
Social Security Reform: Common Sense on Social Security
www.betterworldlinks.org /book73u.htm   (1428 words)

  
 Hurricane Katrina - The New York Times   (Site not responding. Last check: 2007-10-14)
A partial list of relief organizations and other information on the Web.
United States Highway 90 winds along the Gulf rim through the counties hardest hit by last year's hurricanes.
South Plaquemines High School overcame numerous injuries to record the first football victory in school history.
www.nytimes.com /pages/national/nationalspecial   (655 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.