Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
As New Congress Convenes, Republicans Scale Back Budget Cut Goal
By Melanie WaddellAs the 112th Congress convened Wednesday, Republican lawmakers who gained control of the House and vowed to cut domestic spending by $100 billion by year-end were now scaling back that figure by half.
September 07, 2010
UCLA's Anderson School of Management Gives Up on Public FundingThe Anderson School of Management at the University of California at Los Angeles is preparing to forgo public funding in the face of California's budget crisis.
August 24, 2010
Montana Sues Securities America for 'Misleading' InvestorsMontana's Securities Commissioner has filed a legal action against broker-dealer Securities America, the Ameriprise Financial subsidiary.
August 24, 2010
Securities America Sued for 'Misleading' InvestorsPrivate placement notes in default; firm alleged to have withheld 'material information.'
August 03, 2010
Pension Bills: Strain Now or Weep Later?The new federal pension rules could help employers postpone as much as $63 billion in funding payments over the next 5 years.
July 28, 2010
H.R. 3040: House OKs Fraud Database BillMembers of the House have voted 335-81 for H.R. 3040, the Senior Financial Empowerment Act of 2010.
July 05, 2010
Whiskey to the (Pension) RescueCompany to use Johnnie Walker to fill $645 million retirement shortfall. Talk about liquid assets...
July 02, 2010
Diageo Sends Whiskey to the (Pension) RescueIs there nothing the carmel color liquid can't do? Diageo, the maker of Johnnie Walker whiskey, found an innovative way to plug a gaping deficit in its pension plan: put aside 2 million barrels of maturing whiskey from its distilleries in Scotland.