Budget Bill Hits Social Security: “File and Suspend,” Restricted Application Face Extinction

Just a week ago I was casually telling audiences in Philadelphia, as well as individuals who asked, that I wasn’t very worried about the file and suspend technique going out of style anytime soon.  After all, the primary noise had come out of the Obama administration budget proposal for fiscal year 2015, and it seems as though nothing that the administration proposes gains any traction in Congress.  Moreover, our dysfunctional legislators in Washington seemingly cannot agree on anything, so I had little concern over the disparate factions getting together on something so lower and middle class friendly as Social Security.