Tuesday, June 14, 2011

Hey Young People, Listen Up! Social Security made $6.5 bil in Overpayments

Soooo, you young people are not only being ripped off  by a program designed to reward us old people at the expense of you youngsters, there is also some good ole fashioned fraud and incompetence you will be paying for....thank you for your patience.

"By any standard, the scope of these problems is considerable," said Rep. Charles Boustany, R-La., chairman of the House Ways and Means Oversight subcommittee. "Regardless of whether a payment occurs because of simple error or outright fraud, improper payments harm Social Security programs in the long term, jeopardizing benefits for those who may need them in the future. They also cost taxpayers billions of dollars each year."