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Social Security

House Speaker John Boehner and President Barack Obama in the Cabinet Room at the White House - Washington, DC - Jul 11, 2011 (credit: Alex Wong/Getty Images)

Stunning McClatchy/Marist Poll: 70% Say U.S. Heading In Wrong Direction

Former President Bill Clinton had it right when he said “it’s the economy, stupid.” And as our economic woes have increased so have Americans’ pessimism about where the country is going.

08/09/2011

The US flag flies at the US Capitol in W

President Obama Announces Debt Deal

Both the Republican and Democratic leaders of the Senate are throwing their weight behind a debt-limit agreement sealed with President Barack Obama and top leaders of Congress.

07/31/2011

Palm (credit: clipart.com)

Patients Check In At NYU Hospital With Hand Scan

New technology is helping hospitals get information about their patients without a single piece of paper.

07/29/2011

President Barack Obama delivers an address to the nation from the East Room of the White House - Washington, DC - Jul 25, 2011 (credit: JIM WATSON/AFP/Getty Images)

Mayor Bloomberg Among Those Frustrated By Debt Ceiling Stalemate

The standoff on Capitol Hill over deficit reduction and raising the debt ceiling shows no signs of breaking.

07/26/2011

Rep. Peter King (file / credit: Mark Wilson/Getty Images)

Rep. Peter King Speaks Out On Debt Ceiling Talks

Republican Rep. Peter King of Long Island says if President Barack Obama and House Speaker John Boehner don’t come back together to get a deal to raise the debt ceiling, then, in his words the House will reach its own agreement with the Senate.

07/25/2011

(credit: CBS 2)

Tri-State Residents, Politicians Weigh In On Possible Social Security, Medicare Changes As Part Of Debt Talks

Congressman Peter King said that nothing should be done to affect people already collecting benefits, but argues programs like Social Security and Medicare are unsustainable over the long term.

07/07/2011

Sign for Veterans Stand Down at Suffolk County Community College - Brentwood, NY - Apr 29, 2011 (credit: Sophia Hall / WCBS 880)

Suffolk County Community College Hosts Veterans Stand Down For Vets In Need

Veterans of all ages lined up in Brentwood, Long Island on Friday morning to get some much-needed assistance.

04/29/2011

N.J. Gov. Chris Christie

Mr. Christie Goes To Washington, Slams Political Establishment

Conservatives love him. Liberals despise him. On Wednesday New Jersey Gov. Chris Christie was shooting from the hip on a topic no politician will touch — Social Security, and whether to raise the retirement age.

02/16/2011

Money File Photo (credit: Getty Images)

Payroll Tax Cut Means More Money In Paychecks

The tax package signed by President Obama in December includes a two-percent cut in payroll taxes. This reduction means the average American will get an extra $1,000 in take-home pay in 2011.

01/01/2011

Cash - File / Photo: Evan Bindelglass / WCBS 880

Expect To See More Money In Your Paycheck

Under the compromise proposal cutting back Social Security payroll taxes, workers would pay a 4.2 percent tax rate instead of 6.2 percent – a $120 billion tax cut for workers, starting on Jan. 1.

12/08/2010

President Barack Obama

Obama Announces Bipartisan Pact On Tax Cuts

The President announced a bipartisan agreement on year-end legislation to extend expiring tax cuts and renew jobless benefits as part of a sweeping attempt to strengthen the economic recovery.

12/06/2010

A Social Security Card - Graphic: AP

It’s Official: No Social Security Increase Next Year

To make up for the lack of a cost of living adjustment, members of Congress are pushing for a one-time payment of $250 for seniors.

10/15/2010

A Social Security Card - Graphic: AP

Local Seniors Prepare For No Social Security Bump

The federal government has all but ruled out a cost of living adjustment for the coming year. It’s the second year in a row benefits have remained frozen at their current level.

10/11/2010

Nancy Pelosi, Social Security (file)

Social Security Feeling The Strain This Year

It’s one of the most striking fallouts from our nation’s bad economy: Social Security is facing a rare shortfall this year as a wave of people is opting to collect payments before their full retirement age.

08/17/2010

Carol Combes

L.I. Woman Convinces Government She’s Alive

A Long Island historical society volunteer has succeeded in convincing Social Security officials she’s not ready for a place in the history books.

WCBS 880–08/06/2010

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