It looks like you're new here. If you want to get involved, click one of these buttons!
The Trump administration is further backing off the in-person requirements it announced for Americans seeking services at the Social Security Administration that were set to go into effect Monday. Liz Huston, a spokesperson for the White House, said in a statement to NPR on Thursday that telephone services will continue for people seeking services through the agency.
"President Trump has repeatedly promised to protect Social Security and uproot waste, fraud and abuse across the federal government," she said. "The Social Security anti-fraud team has worked around the clock in person to improve technological capabilities and they are now able to identify fraud on claims filed over the telephone."
Social Security officials first announced last month that people filing claims or seeking benefits would have to travel in-person to a local field office, if they were unable to use the agency's online verification system. The policy would have effectively eliminated widely used telephone services for many beneficiaries.
These changes were met with concerns from advocates for seniors and people with disabilities, as well as lawmakers. Dozens of Democratic members of Congress sent a letter to agency leaders asking them to reconsider the change because it would "create additional barriers" for people seeking services — "particularly for those who live far from an office."
According to a White House official who spoke on the condition of anonymity to speak generally about the Trump administration's position, the Social Security Administration reversed course on these requirements because the anti-fraud team "implemented new technological capabilities so quickly" that the agency can now "perform anti-fraud checks on all claims filed over the phone." These technological improvements, the official said in a statement, will be able to flag abnormal behavior in a person's account and then those individuals who were flagged would be required to travel in-person for verification.
The Social Security Administration is currently undergoing massive changes – including widespread layoffs, regional office closures and general restructuring of duties across the agency. These changes have worried advocates about access to services that many of the country's seniors rely on.
There was a surplus by the end of Clinton administration. Then came Bush was enacted tax cut that drove the country to have such huge deficitsFrom October 1993 to November 1994 US 10-year yields climbed from 5.2% to just over 8.0% fueled by concerns about federal spending in what became informally known as the "Great Bond Massacre." With some guidance from Robert Rubin, the United States Secretary of the Treasury, the Clinton administration and Congress made an effort to reduce the deficit, and 10-year yields dropped to approximately 4% by November 1998.
Tomorrow, tomorrowDifficult to compute how Bullish even garnered a blip much less 28.5%. Where do those folks see the sunshine?
It's all part of his super-jenius Plan, remember.April 9, 2025 at 10pm EST
2, 5, 10 and 30 year Treasury issues are indicating decently lower yields (price appreciation) and hopefully maintaining and improving going into Thursday trading.
© 2015 Mutual Fund Observer. All rights reserved.
© 2015 Mutual Fund Observer. All rights reserved. Powered by Vanilla