AP Source: Report on Social Security delayed

[The Northerner]

Source: Associated Press

WASHINGTON — The Obama administration is delaying release of the annual report on the financial health of Social Security and Medicare so that the new report can reflect the impact of the recently passed health care overhaul.

An administration official told The Associated Press that this year's trustees report will be delayed until June 30, three months later than it usually comes out.

The official, who spoke on condition of anonymity before the formal announcement, said that the delay will allow the government to determine the impact of the massive overhaul of health care that President Barack Obama just signed into law.

In January, Richard Fisher, the chief actuary for Medicare, estimated that the Senate bill which passed on Christmas eve would extend the life of the Medicare hospital trust fund by 10 years. The legislation that finally passed Congress was the Senate bill but with revisions approved to win House support.

The administration official said that passage last month of the health care overhaul legislation had made the trustees report, which usually comes out around April 1, obsolete. This official said the decision was made to incorporate all of the changes made by the legislation to better reflect reality now that Congress has passed health care overhaul.

Read more: http://www.google.com/hostednews/ap/article/ALeqM5gZpU2Grfx5oYWQqJWUvLm1kCLv_QD9ET1MC81

[Faygo Kid]

1. Makes sense to me.

Got to calculate the effects of the health care bill. Works for me.

[DURHAM D]

2. They have to work on it until it supports the W.H. false claim that SS is nearly broke. nt

[Birthmark]

3. Sad, but probably true.

[Jim Sagle]

4. And they also have to delay its release until after the mid-term elections.

Unless Obama intends to deliberately tank the Democrats. Which would make sense because a Republican congress would make it easy to kill SS.

[dflprincess]

9. No, if they're going to kill Social Security only the Democrats can do that

and the DLC has had SS on its hit list for a long time.

When it comes to selling out the middle and working classes there are some jobs that are so dirty only the the "third way" Democrats can get anywhere with doing it. NAFTA, insurance "reform" (just think if Bush had passed that scam) and now education and Social Security.

Whenever the DLC types start talking about "reform" I get very nervous.

[JackRiddler]

5. On an accumulated surplus of $2.6 trillion, no less!

Wall Street went broke.

Thanks to Wall Street and the wars, the federal government is going broke.

That's why they'd like to retire that fat surplus collected by a tax on working people.

[ClutchCargo1957]

6. and if you did how would people live?

n/t

[JackRiddler]

7. What do you mean?

I certainly wouldn't.

I also doubt it's going to happen. It's one of the things people will fight for.

[Iowa]

10. Exactly.

[IndianaGreen]

8. Cooking the books takes time!

PR is more important than actual policies.