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Jun 3, 2013
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social security prevents families from becoming impoverished by the death of a breadwinner. social insurance is based on the recognition that there are some risks that most of us could not possibly handle if there were not some risks. we makeour resources, comprehensive insurance broadly affordable. programs ari 20th-century development. by need for them was written abraham lincoln. that is it, in a nutshell. ouras long since become most important and popular public program. american workers pay 62 cents out of every $10 from their paychecks and matched by their employers. this year at the cap is set at $137,000. a milliono earns dollars a year pays the same amount as someone who earns $113,000. fairness issue for many people who would like to see everybody contributed to social security all year long, just as they do. theress has not increased tax rate since 1990. the number of beneficiaries has increased and we're still in the early years of the baby boomer'' retirement. the good news is that the actuaries saw all of this coming. security projected long- term shortfall coul
social security prevents families from becoming impoverished by the death of a breadwinner. social insurance is based on the recognition that there are some risks that most of us could not possibly handle if there were not some risks. we makeour resources, comprehensive insurance broadly affordable. programs ari 20th-century development. by need for them was written abraham lincoln. that is it, in a nutshell. ouras long since become most important and popular public program. american workers...
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Jun 1, 2013
06/13
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the 2013 trustees report clearly demonstrates that the social security and medicare programs remain thediest pillars of our retirement, security, and social security systems, and can remain so for the foreseeable future. the challenges faced are real. this year, 58 million people, nearly one in five americans, will receive social security benefits. for nearly 2/3 of beneficiaries 65 and older, their benefits will account for more than half their income. older women, because they live longer on average and earn less on average during their working lives, are particularly reliant on social security. as we approach the 50th anniversary of the signing of the equal pay act next month, it is important to acknowledge that this gender wage gap still exists. as women continue to earn less over their lifetime than their male counterparts, it also means they have less to save for retirement, and receive smaller social security payments once they have stopped working altogether. with 10,000 baby boomers turning 65 every day, social security is more important than ever for women and men alike. shift
the 2013 trustees report clearly demonstrates that the social security and medicare programs remain thediest pillars of our retirement, security, and social security systems, and can remain so for the foreseeable future. the challenges faced are real. this year, 58 million people, nearly one in five americans, will receive social security benefits. for nearly 2/3 of beneficiaries 65 and older, their benefits will account for more than half their income. older women, because they live longer on...
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Jun 22, 2013
06/13
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CSPAN2
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where social security is not.most people in america don't get it especially young people and in this recent poll in its latest iteration we found that out. most people think it's a retirement account but then when you explain to them what it actually is and then you ask what do you think about this option or that option there's a huge appetite, majority appetite for reforming and addressing it. there are still a lot of its it's occasional missteps of this kind of horrible program that needs to get out. >> we are standing between you guys enough food so i'm going to take one last question. we will take us short question and get a short answer and then we can go eat up. -- eat. >> i am matt from ihs. something that nick gillespie said there seems to be maxing out at spending and something we remember from the book is when we tend to max out spending the urge to to legislate it appears another way sometimes and regulation and so you hit a ceiling of spending and overflowing to regulation. i was wondering if there is
where social security is not.most people in america don't get it especially young people and in this recent poll in its latest iteration we found that out. most people think it's a retirement account but then when you explain to them what it actually is and then you ask what do you think about this option or that option there's a huge appetite, majority appetite for reforming and addressing it. there are still a lot of its it's occasional missteps of this kind of horrible program that needs to...
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today's younger workers the way the tax burden has increased, we will pay and a lot of money to social securitynd get very, very little. there would be so much better off with personal retirement accounts. it is really amazing when you have the social democratic left-wing countries that are putting in place personal retirement accounts and it happened uer the labor party in australia, for itance. the social democrats had it in sweden. why can't we do it in the united states? thirty countries have done this. it works so mh better. >> sh -- social security is insurance against old age, disability, or death with young children. you cannot find a beer deal. you annot find this inflation adjusted benefits. you cannot find the spousal benefi. the children's benefits. social security is a great deal for the american people. that's why it's s popular. the entire shortfall is less than 1 perce of gdp. we are the wealthiest country in the natio our benefi are quite modest. we can clearly a force of security. >> a goo deal. dennis: weave to let you go. thank you very much. and for viewe, the -- the utterl
today's younger workers the way the tax burden has increased, we will pay and a lot of money to social securitynd get very, very little. there would be so much better off with personal retirement accounts. it is really amazing when you have the social democratic left-wing countries that are putting in place personal retirement accounts and it happened uer the labor party in australia, for itance. the social democrats had it in sweden. why can't we do it in the united states? thirty countries...
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Jun 16, 2013
06/13
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CSPAN2
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social security is going to lose. don't bet on grandma in this particular showdown because the worst thing is to lose their ability because politics on a pay-as-you-go basis is not much fun. if you can't run deficits come if you can't give people something for nothing. the depth of the country as an unlikely outcome. we're not argentina or greece or any of those places, the reform to the benefit recognizability is a very likely outcome. i hate to sound like a mark says, but almost historically inevitable. the problem for us and die as thinking about these issues who share certain sets of values and want to address robinson with his productive and fruitful and does the things they want to do is be ready with specific, or grammatic solutions. here's how they want to take care of education and health care. at least with some sets of intellectual guiding principles that allowed them to develop. we always run into this rhetorically as libertarians is to hate medicare, we hate this. what he wanted to? the problem is answeri
social security is going to lose. don't bet on grandma in this particular showdown because the worst thing is to lose their ability because politics on a pay-as-you-go basis is not much fun. if you can't run deficits come if you can't give people something for nothing. the depth of the country as an unlikely outcome. we're not argentina or greece or any of those places, the reform to the benefit recognizability is a very likely outcome. i hate to sound like a mark says, but almost historically...
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Jun 2, 2013
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now, this year's projections for social security are basically unchanged from last year, with the socialfund set to run out of money in 2033. deputy labor secretary seth harris offered his take on how to keep moving forward. >> one of the most important steps that could be taken to shore up the social security and medicare trust funds would be for congress to enact president obama's agenda to create jobs and raise workers' wages. >> he exactly right. but there's one part of president obama's agenda which has progressive out there very concerned. and that is the offer to switch to a chained cpi formula for social security. any defender of the big three knows that that's really just political speak for cutting benefits. no one knows this better or has fought harder to protect those benefits than my next guest. joining me tonight, senator bernie sanders, independent from vermont. senator, good to have you with us tonight. this report from the trustees, the board of trustees, their annual report, pretty much is evidence that what we're trying to do in the progressive agenda in this country i
now, this year's projections for social security are basically unchanged from last year, with the socialfund set to run out of money in 2033. deputy labor secretary seth harris offered his take on how to keep moving forward. >> one of the most important steps that could be taken to shore up the social security and medicare trust funds would be for congress to enact president obama's agenda to create jobs and raise workers' wages. >> he exactly right. but there's one part of...
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Jun 19, 2013
06/13
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FBC
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they deduct money againsty social security number, and now it is on rrserve. on reserve means -- >> person whose nbe that is affiliate with and they will say, you have this money and social secity. and then they say, i never worked. mess and reserve means social security keeps it and use it for what they want to know what that is a question for other type. thank you for coming on. thank you r coming on. next on "money," why would bar some fire want t buy two family start-ups? for the talent, naturally. well her hiringtrategy cause a bigger problems one venture capitalist says yes, and he is here with the detai. plus, is there really no such thing as bad publicity? under armor flash logo plays bake in a helicopterescu you can see it right there. it's like a commercial. but accidental branding does thatlways stay off. pis of "money" coming up. like that. ♪ ♪ melissa:o matter what time it is, oney" is always on the move. shes of adobe jumping after hours expecting third quarter earnings topping expectations. reing strong gwth for creative cloud oigatns. so it loo
they deduct money againsty social security number, and now it is on rrserve. on reserve means -- >> person whose nbe that is affiliate with and they will say, you have this money and social secity. and then they say, i never worked. mess and reserve means social security keeps it and use it for what they want to know what that is a question for other type. thank you for coming on. thank you r coming on. next on "money," why would bar some fire want t buy two family start-ups?...
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Jun 25, 2013
06/13
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they're paying into social security. in fact, according to the "washington post," in just 2007, the social security trust fund had received a net benefit of somewhere between $120 billion and $240 billion from unauthorized immigrants. now, i don't know where those guys i baked bread with at 17 are today. a bunch of them are probably back in mexico because we've seen a lot of migration out of the country. the rest still here, and likely among the nation's 11 million person shadow workforce. one thing i do know is that they're almost certainly not collecting social security checks because unauthorized immigrants are ineligible for social security benefits though they're required to pay the same taxes as the other workers. if they were to become citizens, they would have the opportunity to benefit from their work record. those who used a made up number or overstayed a visa, can when they become legal, show proof to the social security administration of their prior work record and have their own legal proper social security
they're paying into social security. in fact, according to the "washington post," in just 2007, the social security trust fund had received a net benefit of somewhere between $120 billion and $240 billion from unauthorized immigrants. now, i don't know where those guys i baked bread with at 17 are today. a bunch of them are probably back in mexico because we've seen a lot of migration out of the country. the rest still here, and likely among the nation's 11 million person shadow...
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Jun 13, 2013
06/13
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how are we going to keep social security solvent? how are we going to keep uh medicare beneficiaries receiving the benefits that they have received in the past? in order to fund these, we need workers, we need people paying taxes. >> reporter: it's a problem economists have worried about for decades. as the population has aged the number of workers supporting retirees has dropped, a trend we reported on back in 1990. >> when social security began paying benefits, for example, payroll taxes were modest, since there were 159 american workers being taxed for every retiree. >> by the late 1940s, we reported back then, 42 workers for every social security recipient. by 1970, only four workers. and looking at the numbers these days, for 2012, for example, there were just 2.9 workers for every beneficiary. social security now pays out more in benefits than it receives in tax revenue. but according to eugene steuerle of the urban institute, if, instead of retiring, more and more people 65 and older continue to work, the picture could change
how are we going to keep social security solvent? how are we going to keep uh medicare beneficiaries receiving the benefits that they have received in the past? in order to fund these, we need workers, we need people paying taxes. >> reporter: it's a problem economists have worried about for decades. as the population has aged the number of workers supporting retirees has dropped, a trend we reported on back in 1990. >> when social security began paying benefits, for example,...
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Jun 3, 2013
06/13
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KNTV
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i mean, he pointed out that social security is part of his investment position. i think you really have to view your home. you don't want to buy a home every one or two years, it's expensive. insurance fees -- >> insurance, property taxes. >> and so, you should take a slightly longer view, both in what you want, what you need, what you're going to do, and look at it as part of your long-term investment, along with social security, along with the stock market. >> so, it's a sellers' market right now? >> i think for the moment, it's a sellers' market most parts of the country. >> okay, so, again, give us the tips for sellers. >> well, you've got to price it right. there was a recent poll that actually showed that 75% of sellers think that their agent's listing price is too low. i think they're getting a little bit greedy, trying to capitalize on the momentum. you've got to price it in line with the comps. that way, you generate interests, maybe get a couple offers, get a bidding war going. i think sellers are a little crazy if they come off the sidelines. >> and we
i mean, he pointed out that social security is part of his investment position. i think you really have to view your home. you don't want to buy a home every one or two years, it's expensive. insurance fees -- >> insurance, property taxes. >> and so, you should take a slightly longer view, both in what you want, what you need, what you're going to do, and look at it as part of your long-term investment, along with social security, along with the stock market. >> so, it's a...
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Jun 18, 2013
06/13
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money was paid into social security. where is that now? >> we don't know.y went to social security that is not going into someone's account. to that person the credit? there were pay money into of social security. the same. is not belong to anyone. let us return this money. >> some residual accounts. on the side. melissa: i don't want to put it on the side. want to know what happens. >> i prosecuted cases where the husband died and she receives a check and continues. in that case not to pay back restitution, but in the course of my travels in most cases i also learned that social security sometimes has the funds they cannot specifically identify and they put the pen -- melissa: what happens? >> the use it as a reserve for efficient. you ask an even better question, the user id theft and tug the legitimate joe blow security number. no, those in the person has money on account. follow me. melissa: i'm running the show. it's confusing. %-money whent happens to that it goes into the account of the person who was sexually the employee? is the question. it's bein
money was paid into social security. where is that now? >> we don't know.y went to social security that is not going into someone's account. to that person the credit? there were pay money into of social security. the same. is not belong to anyone. let us return this money. >> some residual accounts. on the side. melissa: i don't want to put it on the side. want to know what happens. >> i prosecuted cases where the husband died and she receives a check and continues. in that...
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Jun 13, 2013
06/13
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those flimsy paper social security cards would be out and replaced with this, a plastic social securityt like an advanced credit or debit card. americans would get that personal identity code with the card. stolen or lost would theoretically be useless. businesses would buy card reader with government provided data it to verify if the car actually belongs to the cardholder. your card year. businesses give one of these things. you put it in, put in your personal identity cut and it tells you whether or not you're in the country legally or whether the card is valid. there are questions about the system, especially when it comes to privacy and other the secured cards are actually national identification cards. the group pushing these cards says they're not. >> the social security card has been issued today since 1936. though we're talking about is adding security to a document that is already being used. you know, if they want to say we should not that security to that document, that seems to me like that is foolish. gerri: there are a handful of companies offering technology like this. ad
those flimsy paper social security cards would be out and replaced with this, a plastic social securityt like an advanced credit or debit card. americans would get that personal identity code with the card. stolen or lost would theoretically be useless. businesses would buy card reader with government provided data it to verify if the car actually belongs to the cardholder. your card year. businesses give one of these things. you put it in, put in your personal identity cut and it tells you...
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Jun 25, 2013
06/13
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it was the very first case that we had where we obtained social security cards. we had the help of an undercover agent and another agency. it was not the united states marshals service the secure the social security cards. and since the end laws were not going to be working from he secured consecutive numbers thinking about that there would never be a problem. ultimately the son and law put the in-laws names on the business he was running and used their social security numbers and mind. that helped. but that is a non issue and has never come up again. >> host: what happened after they were disclosed? >> guest: nothing. they were moved again. >> host: co-author of the book "witsec" from 2000 to inside the federal witness protection program. our guest is the founder of the federal witness protection program. we are doing our regular segment. how it is funded and what it does. manassas is up next, democratic line. welcome. >> caller: good morning. mr. gerald shur, this is our first time. i am a retired investigator for the state of louisiana. i was part of the witnes
it was the very first case that we had where we obtained social security cards. we had the help of an undercover agent and another agency. it was not the united states marshals service the secure the social security cards. and since the end laws were not going to be working from he secured consecutive numbers thinking about that there would never be a problem. ultimately the son and law put the in-laws names on the business he was running and used their social security numbers and mind. that...
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Jun 18, 2013
06/13
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when more of the illegal aliens come in and get a social security number and pay social security and medicare, the money comes into the government, all right, but is it free to be spent on bridges and roads and aircraft and salaries for congressmen and senators? no. this is money that's dedicated to social security and medicare. this is the trust fund money that goes to social security and medicare. yes, when people are legalized they'll pay more social security and medicare taxes on their payroll, but it's going to that fund to pay for their retirement. and their health care when they retire. you can't use that money -- you can't spend the money today and pretend it's going to be there to pay for their retirement when they retire. they're going to pay into medicare, they're going to pay into social security, and they're going to draw out social security and medicare when they reach the right age. and what we know is, as mr. elmendorf indicated and as i have said repeatedly, most of these individuals are lower-income, lower-skilled workers. therefore, what we know is in that regard t
when more of the illegal aliens come in and get a social security number and pay social security and medicare, the money comes into the government, all right, but is it free to be spent on bridges and roads and aircraft and salaries for congressmen and senators? no. this is money that's dedicated to social security and medicare. this is the trust fund money that goes to social security and medicare. yes, when people are legalized they'll pay more social security and medicare taxes on their...
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Jun 2, 2013
06/13
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CNBC
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he pointed out social security is part of the investment position. i think you have to really view your home. you don't want toy bah a home every two or three years. it's expensive, bank fees, brokerage fees, insurance, property taxes. so you should take a slightly longer view both of what you want, what you need, what you're going to do and look at it as part of your long-term investment along with social security and along with the stock market. >> so it's a seller's market right now? >> i think for the moment it's a seller's market in most parts of the country. >> give us tips for sellers. >> you have to price it right. there was a recent poll that showed 75% of sellers thought their agent's listing price is too low. i think they're getting greedy and you have to price it in line with the comps and that way you generate interest and you get a couple of competing offers and maybe a bidding war going. i think they're getting crazy as they come off the side lines. >> and you said web appeal. >> web appeal is the new curb appeal. some of them make the
he pointed out social security is part of the investment position. i think you have to really view your home. you don't want toy bah a home every two or three years. it's expensive, bank fees, brokerage fees, insurance, property taxes. so you should take a slightly longer view both of what you want, what you need, what you're going to do and look at it as part of your long-term investment along with social security and along with the stock market. >> so it's a seller's market right now?...
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Jun 26, 2013
06/13
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to receive social security and medicare when they retire, that they're paying their social security and medicare, if their money is being spent on funding this program. that's double-counting, and mr. elmendorf of c.b.o. shows that. now, this chart shows it's really more than just the $14 billion, which is significant. this chart shows how much really the deficit of the united states is impacted by this legislation. the unified budget surplus counts all the social security money and all the tax money in one pot. it's one way to do the accounting of the united states. but it's not accurate in this case. it shouldn't be used. it claims $197 billion surplus. they'that's the social securityd medicare money. but if you take away the social security surplus that this bill creates -- $211 billion -- then the money that they pay into the social security -- excuse me, the medicare trust fund, $56 billion -- the net difference is $70 billion. and we have to get our minds correct, colleagues. the reason this country is going broke -- the reason this country is so far off a sound fiscal path is
to receive social security and medicare when they retire, that they're paying their social security and medicare, if their money is being spent on funding this program. that's double-counting, and mr. elmendorf of c.b.o. shows that. now, this chart shows it's really more than just the $14 billion, which is significant. this chart shows how much really the deficit of the united states is impacted by this legislation. the unified budget surplus counts all the social security money and all the tax...
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Jun 1, 2013
06/13
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let's talk about social security in 2033 and medicare, even sooner.an for folks at home? >> when talking about medicare, we were talking about good news. the projection is medicare will be insolvent in 2016. the affordable care act because of the revenues generated and savings was extended to 2023 and now two, three years longer. so, actually the prospects for medicare are getting better and better. just this year, they extended two years, found that we've actually reduced costs by $600 billion over the next ten years and when we -- some of the other reforms in the affordable care act start to roll out when we start replacing what we call fee for service where providers are paid for every service rather than an overall treatment plan, i think we can actually extend the life of medicare even longer. so, there's good news on the medicare front and social security is something that we've been living with the prospects of the baby boomers causing this problem in social security for a long time. one of the proposals which i don't support is raising -- is t
let's talk about social security in 2033 and medicare, even sooner.an for folks at home? >> when talking about medicare, we were talking about good news. the projection is medicare will be insolvent in 2016. the affordable care act because of the revenues generated and savings was extended to 2023 and now two, three years longer. so, actually the prospects for medicare are getting better and better. just this year, they extended two years, found that we've actually reduced costs by $600...
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Jun 8, 2013
06/13
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host: why your fascination with social security? caller: because i am on social security.ost: alex smith? guest: i started paying into social security when i was just a checkout clerk at 16 years old. the sad truth is that younger voters and my generation -- we are working and paying into social security -- into a system that we will never see. it will be bankrupt by the time we are eligible to receive it. younger voters are against the big government, the big labor unions, the big institutional programs. they want a party and candidate that will stand up for them and these institutions. going for the republicans can make great inroads with younger voters by providing solution- oriented ideas to fixing the entitlement programs out there. host: steve in florida on our line for democrats. caller: thank you for letting me speak this morning. years ilast 25 to 30 the rights and conditions of working people in rhode little by little. littleing people erode by little. that is what scares me because everson is the onset of the reagan administration i feel -- ever since the onset
host: why your fascination with social security? caller: because i am on social security.ost: alex smith? guest: i started paying into social security when i was just a checkout clerk at 16 years old. the sad truth is that younger voters and my generation -- we are working and paying into social security -- into a system that we will never see. it will be bankrupt by the time we are eligible to receive it. younger voters are against the big government, the big labor unions, the big...
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damage is own party president obama proposed a reduction in the cost of living increases for social security recipients the so-called chained c.p.i. in the hopes that this would make the republicans happy enough to support. crease on the rich instead republicans who wanted to cut social safety net programs like social security for years skewered president obama and called the cuts the social security dr cody had a shocking attack on seniors in two thousand and five when president bush tried to privatized social security democrats blocked him and republicans were largely all in favor of cutting benefits and handing the whole thing over to wall street bottom line here is that republican lawmakers in washington have only one mission. and that one mission is to obstruct and sabotage the obama presidency at every chance possible regardless of how much damage that obstruction does to the american people and make no mistake about it president obama realizes this he realizes that republicans own care about making him look bad after all this was in the republicans only goal and they wouldn't be all o
damage is own party president obama proposed a reduction in the cost of living increases for social security recipients the so-called chained c.p.i. in the hopes that this would make the republicans happy enough to support. crease on the rich instead republicans who wanted to cut social safety net programs like social security for years skewered president obama and called the cuts the social security dr cody had a shocking attack on seniors in two thousand and five when president bush tried to...
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Jun 23, 2013
06/13
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s, the social security, the driver's license, they get their jobs, they pay into social security, hey pay the i.r.s., and wow, look at hall this money that's coming in. do you think they really want to get them out of the country? i have nothing against them being here as long as they come here the right way. if we break the law, we're punished. they break the law, they should be punished. that's why i think that nothing is never going to be done. host: bob cusack. guest: i think the chances of immigration reform are probably right around 50-50 right now. the differences between the house and the senate mean it could get bogged down in conference. what they are referencing is how some of these rules are put forward i think is going to be interesting. will anyone be able to jump ahead of others in line? now that the president has said that that is not going to happen, but in the process of implementing these laws, there could be some 1/2 ewes -- there could be some snafus. i think it has to pass this year because once we get in aan election year i think it will be more difficult to do.
s, the social security, the driver's license, they get their jobs, they pay into social security, hey pay the i.r.s., and wow, look at hall this money that's coming in. do you think they really want to get them out of the country? i have nothing against them being here as long as they come here the right way. if we break the law, we're punished. they break the law, they should be punished. that's why i think that nothing is never going to be done. host: bob cusack. guest: i think the chances of...
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Jun 3, 2013
06/13
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KCSMMHZ
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. >> a japanese government panel on social security reform has come up with some measures to make the nation's pension system more sustainable. a panel is discussing new ideas for a future social security system as the country faces a dwindling and aging population. specialists agreed that the government should activate the so-called macro economic slide mechanism as soon as possible. under the system, the government is supposed to hold down the total amount of social payments within its overall revenue from individual pension contributions. this type of mechanism was set up in the early 2000s but it hasn't been used since the economy was mired in deflation. the panel's chairperson said lifting the pension eligible age is needed to make the social security more sustainable. >> translator: raising the eligibility age should be discussed from the perspective of international trends. >> the panel plans to submit a draft reform plan by the end of august. >>> sales of new cars in japan dipped for the first time in two months in may. domestic sales since the subsidies for ecofriendly vehicl
. >> a japanese government panel on social security reform has come up with some measures to make the nation's pension system more sustainable. a panel is discussing new ideas for a future social security system as the country faces a dwindling and aging population. specialists agreed that the government should activate the so-called macro economic slide mechanism as soon as possible. under the system, the government is supposed to hold down the total amount of social payments within its...
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Jun 18, 2013
06/13
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social security actually estimates even more, maybe 75%. this isn't just an issue of people huddled in front of the home depot working for cash. most of the problem can in fact be addressed by a better -- e-verify system that is applied universal leech it's not a magic bullet, not going to magically fix anything all hat once but it is one of the most important elements because if people have a very hard time finding work, then it becomes much less appealing to come here or stay here as illegal aillyian. >> in the short time we have left let me get ha quick shot at the waterfront from both of you on how we can do better with e-verify. >> i think one of the things we can do is existing wage and hour laws, put some of the money towards findingment bad employers, actually sending testers to see if they're not complying with the law and bringing down existing penalties that we have on those employers. much less invasive than a giant system targeted at everybody, i think it's something that keeps ordinary folks really don't even realize they're b
social security actually estimates even more, maybe 75%. this isn't just an issue of people huddled in front of the home depot working for cash. most of the problem can in fact be addressed by a better -- e-verify system that is applied universal leech it's not a magic bullet, not going to magically fix anything all hat once but it is one of the most important elements because if people have a very hard time finding work, then it becomes much less appealing to come here or stay here as illegal...
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Jun 25, 2013
06/13
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CSPAN2
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have a social security number. identifies a lot of people who are illegally here and should not be taking jobs. well, so those forces never wanted a lawful system, and they objected to things that our. -- occur. so their interest and the interests of those who met in secret to cobble this bill together always favored more immigration, legal immigration, and it seems to me quite an indifference to illegal. these are the voices that forced support for but blocked the creation of real border security fencing over the years. they have voiced support for everify but blocked extension of it and strengthening of it. they voice support for an entry-exit visa system that works at all land, sea and airports. indeed, we passed bills to do that. biometric, land, sea, and airports. this bill reduces that requirement through just entry-exit visa systems at air and seaports and not at land. and it's not biometric. that's a critical difference because we now have 40% of the people here illegally come on visas and overstay. and we
have a social security number. identifies a lot of people who are illegally here and should not be taking jobs. well, so those forces never wanted a lawful system, and they objected to things that our. -- occur. so their interest and the interests of those who met in secret to cobble this bill together always favored more immigration, legal immigration, and it seems to me quite an indifference to illegal. these are the voices that forced support for but blocked the creation of real border...
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Jun 24, 2013
06/13
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CSPAN2
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she will grant social security account numbers the ability to obtain driver's licenses and many federal and state public benefits, all without a single border security or enforcement action having been taken. madam president, i would ask that i be notified after 20 minutes. and how much time could be consumed at this point? -- and how much time has been consumed at this point? the presiding officer: the senator has consumed 11 minutes. mr. corker: if i could just while inquiries are taking place, i had a time of 12:50 that i had actually done to accommodate the senator from alabama, who was coming down at 1:00, and my understanding is you showed up 20 minutes early which i applaud you for being prompt and early. but i do wonder, madam president madam president, what's happening here and that we had planned to be down here at 12:50. i'd be glad to go back and forth if the senator from alabama -- mr. sessions: well, no, i didn't understand. i'm sorry senator corker. i thought -- i didn't realize -- was there a u.c. on your taking the floor at that time? if so, i would certainly yield and
she will grant social security account numbers the ability to obtain driver's licenses and many federal and state public benefits, all without a single border security or enforcement action having been taken. madam president, i would ask that i be notified after 20 minutes. and how much time could be consumed at this point? -- and how much time has been consumed at this point? the presiding officer: the senator has consumed 11 minutes. mr. corker: if i could just while inquiries are taking...
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Jun 14, 2013
06/13
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FBC
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a plastic social security card complete with a secure chip.it card making stolen cards worthless. basically you are applying for a job. let's say you present your new smart social security card. anybody who would be hiring one by one of these, card reader for tend to $20. you put it in, enter your pin number and it tells you right on the spot at this card is legitimate and not. for privacy concerns, supporters say the social security administration would simply use this information does now, the smart cards make it more secure. >> having a card, requiring it to be shown, and then requiring the cut to be authenticated, what you're dding is creating laird security into the system that prevents that from from happening going forward. dennis: some companies make this type of smart card. one security expert worries about acting, saying cyber security is a huge issue with this. i guess it could open ourselves up to a larger attack of the information is stored in one location. responding saying smart cards are designed and manufactured at a high secu
a plastic social security card complete with a secure chip.it card making stolen cards worthless. basically you are applying for a job. let's say you present your new smart social security card. anybody who would be hiring one by one of these, card reader for tend to $20. you put it in, enter your pin number and it tells you right on the spot at this card is legitimate and not. for privacy concerns, supporters say the social security administration would simply use this information does now,...
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Jun 25, 2013
06/13
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CSPAN2
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one of the problems we encouraged, he, his wife, and daughter were issued social security cards in sequence. the numbers were in sequence, in itself created a security problem for them. and i was wondering for that issue has been resolved since then? >> guest: yes, the issue had been resolved, and i happen to be familiar with the case. i think we have slightly different facts about it. it wasn't a mother and daughter as it were inlaws that were being relocated, and we were told by the son-in-law that the inlaws would never be working, and it was very first case that we had where we obtained social security cards, and we had the help of an undercover agent in another agency, wasn't the united states marshall service secure the social security cards, and since the inlaws were not going working, he secured conservative -- consecutive numbers thinking there would never be a problem with it. ultimately the seasonal put -- son-in-law put the inlaws names on the business he was running and caused them to be disclosed. that's a nonissue. has never come up again. >> host: what happened after they we
one of the problems we encouraged, he, his wife, and daughter were issued social security cards in sequence. the numbers were in sequence, in itself created a security problem for them. and i was wondering for that issue has been resolved since then? >> guest: yes, the issue had been resolved, and i happen to be familiar with the case. i think we have slightly different facts about it. it wasn't a mother and daughter as it were inlaws that were being relocated, and we were told by the...
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Jun 25, 2013
06/13
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CSPAN
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believe we are bouncing our system of the social security death registry. i have to go back and look now because i thought we were looking at the complete system. if we're looking at a partial system and not getting information, i would like to get back to the committee. >> i'm told you have access to the public file but not to be more complete file maintained by the social security administration. if you could follow up on that, we will ask you to respond in writing, if you would, please. closing statement of my own but before i offer that, of like to go back to our witnesses and thank you for being here and thank you for your work. this is not an easy one. none of us has the solution. we've got to make sure that we identified these. do you want to make a brief closing statements? i appreciate mr. blum's it's and they give us hope that we will have changes in the future. i also appreciate the work that the fraud prevention partnership has been doing. we have people in the room who have been instrumental in bringing the privates and the public and the agenc
believe we are bouncing our system of the social security death registry. i have to go back and look now because i thought we were looking at the complete system. if we're looking at a partial system and not getting information, i would like to get back to the committee. >> i'm told you have access to the public file but not to be more complete file maintained by the social security administration. if you could follow up on that, we will ask you to respond in writing, if you would,...
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Jun 21, 2013
06/13
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CSPAN2
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that's social security money. using this money to offset other spending is an accounting trick that was used to pass obamacare. and it's not right. so let's go back over that again. so, the on-budget account, income tax coming in from the legalization, because some beam that are legalized are going to pay more income tax. but there's a lot of expenses out there too. the earned-income tax credit is a direct payment, not a tax deduction, a direct welfare means-tested payment to poorer workers. that is a big cost, and other costs. so the c.b.o. says the income taxes that are paid will be less than the cost of the immigration. therefore, adding $14 billion to the on-budget debt of america. but the sponsors of the bill wanted to claim that their legislation pays for itself, says but they're going to be paying social security and medicare taxes. therefore, we want to count that money. and that will prove that we pay for the bill. really? aren't the individuals who are now given a social security number allowed to work a
that's social security money. using this money to offset other spending is an accounting trick that was used to pass obamacare. and it's not right. so let's go back over that again. so, the on-budget account, income tax coming in from the legalization, because some beam that are legalized are going to pay more income tax. but there's a lot of expenses out there too. the earned-income tax credit is a direct payment, not a tax deduction, a direct welfare means-tested payment to poorer workers....
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Jun 20, 2013
06/13
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CSPAN2
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well, the off budget is social security and medicare. this is the trust fund money that comes out of your payroll taxes and your -- so people pay payroll taxes. the average age of the legalized group is about 35, so most of them aren't going to be drawing social security right away. they pay in to this, and so the government gets some extra money, and they are counting that money as the money to show that the bill is paid for. but let me ask you one simple thing, senator cornyn. if the individuals who are now given legal status are immediately given a social security number, immediately able to compete for any job in america, aren't they -- isn't the money that they will be paying for social security and medicare going to be used by them when they start drawing it? aren't they going to be eligible now for social security and medicare? and won't this money be available for them? and isn't it double counting to say it's going to be available for their social security and then available to pay for all the spending in their bill? mr. cornyn:
well, the off budget is social security and medicare. this is the trust fund money that comes out of your payroll taxes and your -- so people pay payroll taxes. the average age of the legalized group is about 35, so most of them aren't going to be drawing social security right away. they pay in to this, and so the government gets some extra money, and they are counting that money as the money to show that the bill is paid for. but let me ask you one simple thing, senator cornyn. if the...
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Jun 15, 2013
06/13
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FBC
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the person wanting a job, let they're social security number and put it and because bat-to-bat.on't know what's wrong with it. the number is bad. if you do that, if you mandate and un force to iortant things , e-verify. most of this problem goes away. you say enfce. jo: meaning that somebody would punish the business that hires someoneithout using e-verify. >> correct. or if they use it,ven if they use it and still hire a person who is coming back with the wrong social security number, that could be a violation and after enforce it. john: this sounds very appealin just one computer database where you can check. but you are a cservative. you don trust the government. whyould yourust them to run e-verify correctly? >> well, right now about 250,000 businesses use it. they use it on a vuntary basis. it is a relatively easy thing to do. we require businesses to do all kinds of things in terms of hiring practices. this is probably the easiest step in the process. a simple ery into a database. righ now is like 98 percent curate or better. john: think about that, 98 percent. 98 percent
the person wanting a job, let they're social security number and put it and because bat-to-bat.on't know what's wrong with it. the number is bad. if you do that, if you mandate and un force to iortant things , e-verify. most of this problem goes away. you say enfce. jo: meaning that somebody would punish the business that hires someoneithout using e-verify. >> correct. or if they use it,ven if they use it and still hire a person who is coming back with the wrong social security number,...
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Jun 19, 2013
06/13
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FOXNEWSW
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eye 185
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you can't say social security is in good shape and say by the way this bill will solve social securityand claim it as deficit money as well. martha: you make a lot of interesting points i. want to go back over the one you made before. there are a lot of illegal workers in this country who pay into the social security system and reap no benefits from it at all. does this cbo, does it account for that, that many of those people would be converting to being here legally, so it wouldn't really change in terms of the money that they are bringing in? what they did was go out ten and 20 years. of course their 20-year estimates are far less accurate. the real point would be is 30 years what is the impact. and of course you can't see that. plus, they don't have a handle on it now. if you ask the federal government what the control of the border is they'll tell you 85 3erz. 85%. if you ask the people who actually do studies of illegal immigrants they'll tell you 45%. where you get your information, ou accurate it is and your track record is very important. cbo's track record is abysmal. martha:
you can't say social security is in good shape and say by the way this bill will solve social securityand claim it as deficit money as well. martha: you make a lot of interesting points i. want to go back over the one you made before. there are a lot of illegal workers in this country who pay into the social security system and reap no benefits from it at all. does this cbo, does it account for that, that many of those people would be converting to being here legally, so it wouldn't really...
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618
Jun 11, 2013
06/13
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KPIX
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eye 618
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delay taking social security as long as possible.o most people at the age of 66. that's where you get 100% of your social security. for every year you wait you get 8% more up to the age of 70. the so the difference of what you get at 66 and 70 is huge. >> and you should also delay retirement if you can work >>> it will be slow clearing as it looks like the fog and the clouds surged well on shore, even mid to high level clouds streaming over head. but once we get going, we'll see temperatures warming, 60s and 70s around the bay. temperatures warm up on thursday, then cool down for the weekends. >>> it's an inside look at the north korean regime we haven't seen before. a personal chef for kim jong-il reveals some of the luxurious habits of the north former leader like going to france for cognac or iran for caviar. that's ahead on "cbs this morning." i spent 23 years as a deputy united states marshal. we'd get up early and and stay up late. there was a lot of running a lot of fighting. i've been pretty well banged up but the worst pain
delay taking social security as long as possible.o most people at the age of 66. that's where you get 100% of your social security. for every year you wait you get 8% more up to the age of 70. the so the difference of what you get at 66 and 70 is huge. >> and you should also delay retirement if you can work >>> it will be slow clearing as it looks like the fog and the clouds surged well on shore, even mid to high level clouds streaming over head. but once we get going, we'll see...
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Jun 29, 2013
06/13
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FOXNEWSW
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eye 150
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it's your tax returns, your social security information, email, phone number, i don't want that sharingtside contractors, i'll get solicited all the time. >> i never get solicited, how come. >> neil: they are afraid to come to your door. they are scared of you. >> i would say there was wonderful book written by george orwell about this. this is big government collecting everything they can on us. every single thing. by the way, by the nature the government is totalitarian. >> neil: adam loves the government, you are fine with this? >> no, i'm not all fine with it. i'll make two quick observations. charles is right about something, charles payne. >> this is our concern and regulations have to be written very carefully. when i see my irs return or my birth date and family's income, we need to be careful about that. i want to point out, it's not just government. >> neil: do you want it there or not? >> i want it there but.... >> but to participate in the insurance. >> neil: don't you see where this is going? >> all i'm saying corporations have this data too. >> it's empowering one central
it's your tax returns, your social security information, email, phone number, i don't want that sharingtside contractors, i'll get solicited all the time. >> i never get solicited, how come. >> neil: they are afraid to come to your door. they are scared of you. >> i would say there was wonderful book written by george orwell about this. this is big government collecting everything they can on us. every single thing. by the way, by the nature the government is totalitarian....
SFGTV2: San Francisco Government Television
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40
Jun 24, 2013
06/13
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SFGTV2
tv
eye 40
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sscc with little to no funding has done a lot with what we have, low income, senior housing, social security benefits, job-training, esl, computer classes. what we need to see is more funding for these programs from the city because we need to have a voice as well. i'm glad that we have a lot of latino immigrants here represented but we also need asian representation as well. thank you so much for coming. (applause) >> my name is ellen, one of the volunteers that joann mentioned. the reason we are able -- inds (indiscernible)more than 100 people volunteer for the community; more than 100 people are bilingual. joann is not exactly bilingual, but she's able to share the program but we need the funds, so far we have no funds. i am working as a public health psychiatric social worker. -- is my boss. i'm living at -- and i am a resident and a mom and also a daughter. i see a lot of immigration needs. we have 35 percent asian people but we don't have enough staff, we don't have enough volunteers who are able to volunteer and we are the only agency that operates at night, evenings and weekends beca
sscc with little to no funding has done a lot with what we have, low income, senior housing, social security benefits, job-training, esl, computer classes. what we need to see is more funding for these programs from the city because we need to have a voice as well. i'm glad that we have a lot of latino immigrants here represented but we also need asian representation as well. thank you so much for coming. (applause) >> my name is ellen, one of the volunteers that joann mentioned. the...
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190
Jun 22, 2013
06/13
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CSPAN2
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eye 190
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that's social security money. using this money to offset other spending is an accounting trick that was used to pass obamacare. and it's not right. so let's go back over that again. so, the on-budget account, income tax coming in from the legalization, because some beam that are legalized are going to pay more income tax. but there's a lot of expenses out there too. the earned-income tax credit is a direct payment, not a tax deduction, a direct welfare means-tested payment to poorer workers. that is a big cost, and other costs. so the c.b.o. says the income taxes that are paid will be less than the cost of the immigration. therefore, adding $14 billion to the on-budget debt of america. but the sponsors of the bill wanted to claim that their legislation pays for itself, says but they're going to be paying social security and medicare taxes. therefore, we want to count that money. and that will prove that we pay for the bill. really? aren't the individuals who are now given a social security number allowed to work a
that's social security money. using this money to offset other spending is an accounting trick that was used to pass obamacare. and it's not right. so let's go back over that again. so, the on-budget account, income tax coming in from the legalization, because some beam that are legalized are going to pay more income tax. but there's a lot of expenses out there too. the earned-income tax credit is a direct payment, not a tax deduction, a direct welfare means-tested payment to poorer workers....