// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

WASHINGTON (AP) — Outgoing Social Security Commissioner Michael J. Astrue has some parting shots for Congress, the White House and advocates for seniors. They have all "really walked away from Social Security," he says, leaving the program "fraying because of inattention to its problems."

Instead of making the hard choices to fix Social Security's financial problems, policymakers "use it as a tool of political rhetoric," Astrue said.

Astrue, 56, has headed the federal government's largest program since 2006 — he was nominated by former President George W. Bush. By law, Social Security commissioners serve six-year terms, so President Barack Obama will now have the opportunity to choose his own nominee, who must be approved by the Senate. Astrue's last day on the job was Wednesday.

The trustees who oversee Social Security say the program's trust funds will run dry in 2033, leaving Social Security with only enough revenue to pay about 75 percent of benefits. Already the program is paying out more in benefits than it collects in payroll taxes.

As commissioner, Astrue served as a trustee. He regularly urged Congress to address Social Security's long-term financial problems but refrained from publicly weighing in on various options to cut benefits or raise taxes — until now.

In an interview with The Associated Press, Astrue said benefit cuts and tax increases are inevitable — despite fierce opposition to both. Yet he questions whether Congress is up to the task.
Published in National News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
US LAUNCHES NEW BATCH OF GRAPHIC ANTI-SMOKING ADS

US LAUNCHES NEW BATCH OF GRAPHIC ANTI-SMOKING ADS

NEW YORK (AP) -- Government health officials launched the second round of a graphic ad campaign Thursday that is designed to get smokers off tobacco, saying they believe the last e...

Study: Better TV might improve kids' behavior

Study: Better TV might improve kids' behavior

SEATTLE (AP) - A new study has found teaching parents to switch channels from violent shows to educational TV can improve preschoolers' behavior, even without getting them to watch...

LEAVING HOSPITAL? HEED CARE TIPS OR YOU MAY RETURN

LEAVING HOSPITAL? HEED CARE TIPS OR YOU MAY RETURN

WASHINGTON (AP) -- Michael Lee knew he was still in bad shape when he left the hospital five days after emergency heart surgery. But he was so eager to escape the constant prodding...

OBAMA HEALTH LAW ANNIVERSARY FINDS 2 AMERICAS

OBAMA HEALTH LAW ANNIVERSARY FINDS 2 AMERICAS

WASHINGTON (AP) -- Three years, two elections, and one Supreme Court decision after President Barack Obama signed the Affordable Care Act, its promise of health care for the uninsu...

MEDITERRANEAN-STYLE DIETS FOUND TO CUT HEART RISKS

MEDITERRANEAN-STYLE DIETS FOUND TO CUT HEART RISKS

Pour on the olive oil, preferably over fish and vegetables: One of the longest and most scientific tests of a Mediterranean diet suggests this style of eating can cut the chance of...

SURGERY, THERAPY BOTH PROVE GOOD FOR KNEE REPAIR

SURGERY, THERAPY BOTH PROVE GOOD FOR KNEE REPAIR

You might not want to rush into knee surgery. Physical therapy can be just as good for a common injury and at far less cost and risk, the most rigorous study to compare these treat...

CATHOLIC HOSPITAL TAKES SURPRISE STANCE IN LAWSUIT

CATHOLIC HOSPITAL TAKES SURPRISE STANCE IN LAWSUIT

DENVER (AP) -- It was a startling assertion that seemed an about-face from church doctrine: A Catholic hospital arguing in a Colorado court that twin fetuses that died in its care ...

STUDY: FISH IN DRUG-TAINTED WATER SUFFER REACTION

STUDY: FISH IN DRUG-TAINTED WATER SUFFER REACTION

BOSTON (AP) -- What happens to fish that swim in waters tainted by traces of drugs that people take? When it's an anti-anxiety drug, they become hyper, anti-social and aggressive, ...

© 2013 KTRS All Rights Reserved

St Louis Web Design