Impact Holdings Aktie
WKN DE: A0RA7S / ISIN: GB00B3DFYL18
24.09.2025 11:39:00
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Will Massive Cuts to This Social Security Service Impact You?
As you planned your retirement strategy, chances are that there was no reason to worry yourself over what might happen if the government were to deeply slash the Social Security Administration (SSA). After all, who could have seen that coming? However, serious changes have been made to the Office of Legislation and Congressional Affairs (OLCA). OLCA is an office within the SSA, tasked with helping resolve beneficiary issues brought to its attention by federal legislators. If it sounds like a big job, it is. Yet, recent cuts to the department have slashed its workforce from 50 to three employees -- two of whom were brought over from other offices.Among its other duties, the office is responsible for providing technical assistance to lawmakers as they develop Social Security legislation and answering questions from Capitol Hill staffers. In addition, OLCA was in the perfect position to identify systemic problems within SSA operations. For example, the department would know which congressional districts appeared to report the most problems or have the greatest number of inquiries. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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