Social Security Checks Could Stop Going Out by April, Ex-Head Warns

Social Security is paid by present day workers. Their checks are taxed to make the pool. Social Security can never go broke unless work in America stops. If the money collected does not meet the full outlay required, the checks will be smaller. Trump is trying to starve it out of workers. Social Security is run on under 1 percent of revenue. It has never missed a check in over 80 years. But we never had a president before who wanted to sabotage it.
Nobody is sabotaging it, Sybil. You are still hallucinating.
 
Half a percent overhead is considered pretty good. There is adding people, investigating fraud, removing people, etc. Sending out checks is not just "printing checks."


So only the new benefits that will be delayed?
It really must suck to be so paranoid like you, Wally.
 
I am 54 years old, and currently working, not retired.

There have been problems getting Social Security withholding. The SSA is obviously having trouble. That means more red tape for the rest of us. trump screws us again.
You obviously aren't working, Wally. You can't even describe a paycheck.
 
They are going to slow down. There are going to be problems. A system that used to work perfectly, is going to become a system that sometimes works.

Federal government checks bounced... There was a software error that caused that to happen in the 1970's, so the system was not literally perfect, but it had not happened in 50 years... Now it happening all the time.
What 'problems', Wally??
Social Security is NOT working perfectly. Payments have been going out to people 'older' than the United States existed! T And someone's cashing them! That's fraud, Wally.
 
The former head of the Social Security Administration warns that proposed cuts to the agency could lead the entire system to “collapse,” disrupting benefits payments to millions of Americans.

“Ultimately, you’re going to see the system collapse, and there will be an interruption of benefits,” Martin O’Malley, former Social Security commissioner under the Biden administration, told CNBC. “I think that will happen within the next 30 to 90 days.”

iu
 
I spend a lot of time working on the internet. I am a software engineer, so spend most of my time working on computers that are at least in-directly hooked up to the internet.
You couldn't code your way out of a wet paper bag, Wally. You are no software engineer.
 
You obviously aren't working, Wally. You can't even describe a paycheck.
I cannot remember the last time I got a physical paycheck. I seem to remember it had a perforated line and a tax/benefits statement attached to it. Is that how it worked back when you were last employed? Or were you employed back when companies would pay people in cash?

I also got paid in cash back when I was a bouncer. There were times they tried to pay me with a bottle of alcohol, so barter.
 
I cannot remember the last time I got a physical paycheck. I seem to remember it had a perforated line and a tax/benefits statement attached to it. Is that how it worked back when you were last employed? Or were you employed back when companies would pay people in cash?

I also got paid in cash back when I was a bouncer. There were times they tried to pay me with a bottle of alcohol, so barter.
I am a company, Wally. Too bad you have no paycheck.
 
The former head of the Social Security Administration warns that proposed cuts to the agency could lead the entire system to “collapse,” disrupting benefits payments to millions of Americans.

“Ultimately, you’re going to see the system collapse, and there will be an interruption of benefits,” Martin O’Malley, former Social Security commissioner under the Biden administration, told CNBC. “I think that will happen within the next 30 to 90 days.”

How much do u want to bet they don't stop by April?
 
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