Click for St. Louis, Missouri Forecast

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

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

 
 
 
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
Cards pitching shuts down Brewers again 6-1

Cards pitching shuts down Brewers again 6-1

MILWAUKEE (AP) -- Shelby Miller struck out seven and allowed three hits over six innings, and Mark Ellis had two RBIs in his return from the disabled list to lead the St. Louis ...

Lynn, Cardinals snap Brewers' 9-game win streak

Lynn, Cardinals snap Brewers' 9-game win streak

MILWAUKEE (AP) -- The Milwaukee Brewers' nine-game winning streak was snapped Monday night when Lance Lynn struck out 11 in seven innings and Jon Jay hit a three-run homer for t...

49ERS LINEBACKER ALDON SMITH ARRESTED AT AIRPORT

49ERS LINEBACKER ALDON SMITH ARRESTED AT AIRPORT

LOS ANGELES (AP) -- San Francisco 49ers linebacker Aldon Smith was arrested Sunday at Los Angeles International Airport after authorities said he became belligerent during a sec...

Red Wings keep Blues down with 3-0 shutout

Red Wings keep Blues down with 3-0 shutout

  ST. LOUIS (AP) -- Backup goalie Petr Mrazek kept the injury-riddled St. Louis Blues down heading into the playoffs with his second career shutout in a 3-0 victory for...

Carpenter, Wainwright help Cardinals top Cubs 10-4

Carpenter, Wainwright help Cardinals top Cubs 10-4

ST. LOUIS (AP) -- Matt Adams homered, Matt Carpenter drove in two runs and Adam Wainwright saved a tired bullpen by lasting seven innings for the St. Louis Cardinals in their 10...

Daley, Stars beat Blues 3-0, end playoff drought

Daley, Stars beat Blues 3-0, end playoff drought

DALLAS (AP) -- Trevor Daley had a goal and an assist, Kari Lehtonen recorded his fifth shutout of the season, and the Dallas Stars clinched their first playoff berth since 2008 ...

Curry, Wild extend Blues' slide with 4-2 win

Curry, Wild extend Blues' slide with 4-2 win

  ST. PAUL, Minn. (AP) -- Kyle Brodziak scored two goals and John Curry made 43 saves in his Wild debut to lead Minnesota over the struggling St. Louis Blues 4-2 on Thu...

© 2013 KTRS All Rights Reserved