Tag Archive | "Entitlement"

Obama, GOP eye Medicare limit

Ricardo Alonso-Zaldivar WASHINGTON  — Unlikely as it may seem, President Barack Obama and Republicans in Congress actually share some common ground on the need to curb Medicare costs to fight the spiraling federal debt. Although the House GOP plan to replace Medicare with a voucher-like system got shunted aside last week, that may not be […]

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Social Security Timeline

• 1935: Social Security is created. •1937: Social Security begins to collect payroll taxes and provides single, lump sum payments to retired workers who paid into the program, but who will not work long enough to be eligible for monthly benefits. • 1939: Social Security provides benefits to spouses, minor children and survivors of workers […]

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