Category Archives: Social Security Administration

Hank Aaron’s Chinese menu: Fixing Social Security at the NASI

The National Academy of Social Insurance hosted a decidedly unusual trio of luncheon speakers at its annual conference last week. Henry J. Aaron of the Brookings Institution, keynote, was there to unveil a new plan he’s devised to solidify Social Security’s funding for the next 75 years, if not beyond. Nancy J. Altman, president of Social Security Works, and Jason Fichtner, a senior research fellow at the Mercatus Center at George Mason University, were on hand to respond to and discuss Aaron’s proposal.

Aaron has perhaps the deepest knowledge of the Social Security system – and social insurance in general – of anyone alive today. Altman is also a leading expert and a longtime, passionate defender of the program against right-wing attempts to dismantle it. Fichtner served in the Social Security Administration under George W. Bush and is a critic of the program who has argued that it crowds out private savings and offers negative incentives to work and who advocates stabilizing its finances by cutting benefits while cutting payroll taxes.

Aaron and Altman have never been friendly to such ideas. Normally, that would place them on one side of the Social Security discussion and Fichtner on the other. That wasn’t so last week.

Continue reading Hank Aaron’s Chinese menu: Fixing Social Security at the NASI

GOP to block Dem nominee to protest troubles with GOP program

That’s right: Republican senators are upset about delays and cost overruns on a new computer system at the Social Security Administration—so upset, they want to block the president’s nominee for commissioner. The only the trouble is, the new computer system was planned and ordered up by the prior commissioner—a Bush appointee.

The 11 Republican members of the Senate Finance Committee were in high dudgeon last week when they released a letter to Carolyn Colvin, acting commissioner of Social Security and President Obama’s nominee for a six-year slot as commissioner, regarding the troubled implementation of a new computer system for processing disability benefit claims.

We have received information from whistleblowers that the ongoing investigation [of the computer system] has centered around the activities of certain members of your immediate office, including several high-level agency officials. Therefore, it is essential to address your role with respect to this inquiry before each of us can make an informed decision on how to vote for your nomination once it reaches the full Senate for consideration.

A lot of this is simply hyperventilating. It’s not clear that the GOP senators “received information from whistleblowers,” as they claim. What happened for sure was that Continue reading GOP to block Dem nominee to protest troubles with GOP program