ACON S2 Acquisition (OTCMKTS:STWOU) Trading 8.2% Higher – Time to Buy?
David Hilzenrath, Jodie Fleischer, Cox Media Group | (TNS) KFF Health News In March, newly installed Social Security chief Martin O’Malley criticized agency “injustices” that “shock our shared sense of equity and good conscience as Americans.” He promised to overhaul the Social Security Administration’s often heavy-handed efforts to claw back money that millions of recipients — including people who are living in poverty, are elderly, or have disabilities — were allegedly overpaid, as described by a KFF Health News and Cox Media Group investigation last year. “Innocent people can be badly hurt,” O’Malley said at the time. Nearly eight months since he appeared before Congress and announced a series of policy changes, and with two months left in his term, O’Malley’s effort to fix the system has made inroads but remains a work in progress. For instance, one change, moving away from withholding 100% of people’s monthly Social Security benefits to recover alleged overpayments, has been a major improvement, say advocates for beneficiaries. “It is a tremendous change,” said Kate Lang of Justice in Aging, who called it “life-changing for many people.” The number of people from whom the Social Security Administration was withholding full monthly benefits to recoup money declined sharply — from about 46,000 in January to about 7,000 in September, the agency said. Asked to clarify whether those numbers and others provided for this article covered all programs administered by the agency, the SSA press office did not respond. Another potentially significant change — relieving beneficiaries of having to prove that an overpayment was not their fault — has not been implemented. The agency said it is working on that. Meanwhile, the agency seems to be looking to Congress to take the lead on a change some observers see as crucial: limiting how far back the government can reach to recover an alleged overpayment. Barbara Hubbell of Watkins Glen, New York, called the absence of a statute of limitations “despicable.” Hubbell said her mother was held liable for $43,000 because of an SSA error going back 19 years. “In what universe is that even legal?” Hubbell said. Paying down the overpayment balance left her mother “essentially penniless,” she added. In response to questions for this article, Social Security spokesperson Mark Hinkle said legislation is “the best and fastest way” to set a time limit. Establishing a statute of limitations was not among the policy changes O’Malley announced in his March congressional testimony. In an interview at the time, he said he expected an announcement on it “within the next couple few months.” It could probably be done by regulation, without an act of Congress, he said. Speaking generally, Hinkle said the agency has “made substantial progress on overpayments,” reducing the hardship they cause, and “continues to work diligently” to update policies. The agency is underfunded, he added, is at a near 50-year low in staffing, and could do better with more employees. The SSA did not respond to requests for an interview with O’Malley. O’Malley announced the policy changes after KFF Health News and Cox Media Group jointly published and broadcast investigative reporting on the damage overpayments and clawbacks have done to millions of beneficiaries. When O’Malley, a former Democratic governor of Maryland, presented his plans to three congressional committees in March, lawmakers greeted him with rare bipartisan praise. But the past several months have shown how hard it can be to turn around a federal bureaucracy that is massive, complex, deeply dysfunctional, and, as it says, understaffed. Now O’Malley’s time may be running out. Lang of Justice in Aging, among the advocacy groups that have been meeting with O’Malley and other Social Security officials, said she appreciates how much the commissioner has achieved in a short time. But she added that O’Malley has “not been interested in hearing about our feelings that things have fallen short.” One long-standing policy O’Malley set out to change involves the burden of proof. When the Social Security Administration alleges someone has been overpaid and demands the money back, the burden is on the beneficiary to prove they were not at fault. Cecilia Malone, 24, a beneficiary in Lithonia, Georgia, said she and her parents spent hundreds of hours trying to get errors corrected. “Why is the burden on us to ‘prove’ we weren’t overpaid?” Malone said. It can be exceedingly difficult for beneficiaries to appeal a decision. The alleged overpayments, which can reach tens of thousands of dollars or more, often span years. And people struggling just to survive may have extra difficulty producing financial records from long ago. What’s more, in letters demanding repayment, the government does not typically spell out its case against the beneficiary — making it hard to mount a defense. Testifying before House and Senate committees in March, O’Malley promised to shift the burden of proof. “That should be on the agency,” he said. The agency expects to finalize “guidance” on the subject “in the coming months,” Hinkle said. The agency points to reduced wait times and other improvements in a phone system known to leave beneficiaries on hold. “In September, we answered calls to our national 800 number in an average of 11 minutes — a tremendous improvement from 42 minutes one year ago,” Hinkle said. Still, in response to a nonrepresentative survey by KFF Health News and Cox Media Group focused on overpayments, about half of respondents who said they contacted the agency by phone since April rated that experience as “poor,” and few rated it “good” or “excellent.” The survey was sent to about 600 people who had contacted KFF Health News to share their overpayment stories since September 2023. Almost 200 people answered the survey in September and October of this year. Most of those who said they contacted the agency by mail since April rated their experience as “poor.” Jennifer Campbell, 60, a beneficiary in Nelsonville, Ohio, said in late October that she was still waiting for someone at the agency to follow up as described during a phone call in May. “VERY POOR customer service!!!!!” Campbell wrote. “Nearly impossible to get a hold of someone,” wrote Kathryn Duff of Colorado Springs, Colorado, who has been helping a disabled family member. Letters from SSA have left Duff mystified. One was postmarked July 9, 2024, but dated more than two years earlier. Another, dated Aug. 18, 2024, said her family member was overpaid $31,635.80 in benefits from the Supplemental Security Income program, which provides money to people with little or no income or other resources who are disabled, blind, or at least 65. But Duff said her relative never received SSI benefits. What’s more, for the dates in question, payments listed in the letter to back up the agency’s math didn’t come close to $31,635.80; they totaled about a quarter of that amount. Regarding the 100% clawbacks, O’Malley in March said it’s “unconscionable that someone would find themselves facing homelessness or unable to pay bills, because Social Security withheld their entire payment for recovery of an overpayment.” He said that, starting March 25, if a beneficiary doesn’t respond to a new overpayment notice, the agency would default to withholding 10%. The agency warned of “a short transition period.” That change wasn’t automated until June 25, Hinkle said. The number of people newly placed in full withholding plummeted from 6,771 in February to 51 in September, according to data the agency provided. SSA said it would notify recipients they could request reduced withholding if it was already clawing back more than 10% of their monthly checks. Nonetheless, dozens of beneficiaries or their family members told KFF Health News and Cox Media Group they hadn’t heard they could request reduced withholding. Among those who did ask, roughly half said their requests were approved. According to the SSA, there has been almost a 20% decline in the number of people facing clawbacks of more than 10% but less than 100% of their monthly checks — from 141,316 as of March 8 to 114,950 as of Oct. 25, agency spokesperson Nicole Tiggemann said. Meanwhile, the number of people from whom the agency was withholding exactly 10% soared more than fortyfold — from just over 5,000 to well over 200,000. And the number of beneficiaries having any partial benefits withheld to recover an overpayment increased from almost 600,000 to almost 785,000, according to data Tiggemann provided. Lorraine Anne Davis, 72, of Houston, said she hasn’t received her monthly Social Security payment since June due to an alleged overpayment. Her Medicare premium was being deducted from her monthly benefit, so she’s been left to pay that out-of-pocket. Davis said she’s going to need a kidney transplant and had been trying to save money for when she’d be unable to work. A letter from the SSA dated April 8, 2024, two weeks after the new 10% withholding policy was slated to take effect, said it had overpaid her $13,538 and demanded she pay it back within 30 days. Apparently, the SSA hadn’t accounted for a pension Davis receives from overseas; Davis said she disclosed it when she filed for benefits. In a letter to her dated June 29, the agency said that, under its new policy, it would change the withholding to only 10% if she asked. Davis said she asked by phone repeatedly, and to no avail. “Nobody seems to know what’s going on” and “no one seems to be able to help you,” Davis said. “You’re just held captive.” In October, the agency said she’d receive a payment — in March 2025. Marley Presiado, a research assistant on the Public Opinion and Survey Research team at KFF, contributed to this report. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.Alberta announces future coal mining policy plan, industry consults EDMONTON — The Alberta government has announced plans to ban new mountaintop removal and open-pit coal developments on the eastern slopes of the Rocky Mountains, but the new rules wouldn't apply to advanced projects like a contentious mine proposed f Lisa Johnson, The Canadian Press Dec 20, 2024 12:17 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Grassy Mountain, peak to left, and the Grassy Mountain Coal Project are seen north of Blairmore, Alta., Thursday, June 6, 2024. THE CANADIAN PRESS/Jeff McIntosh EDMONTON — The Alberta government has announced plans to ban new mountaintop removal and open-pit coal developments on the eastern slopes of the Rocky Mountains, but the new rules wouldn't apply to advanced projects like a contentious mine proposed for the Crowsnest Pass. Energy and Minerals Minister Brian Jean announced Friday the new policies expected in late 2025, along with a round of consultations with industry players on how to implement them. Jean said under the "long overdue" rule revamp, all coal mining projects would be held to the highest environmental standards. "Our job will be to develop a policy that will attract investment and create jobs while respecting and protecting the air, land, water and wildlife," he said. Jean said royalty revenues are also to be “substantially increased,” with rates to be revised after the consultations. "They're too low. We're going to bring them up," he said of the province's current rates. The new bans wouldn’t apply to advanced proposals, including the proposed Grassy Mountain open-pit mine in the Crowsnest Pass, which has been fought by environmental groups and communities downstream. Alberta Energy Regulator hearings into that project are to continue in January. Jean said the Grassy Mountain project, which aims to reclaim a site that was mined over 60 years ago but was never properly restored, would be monitored closely if approved. He said the province needs to find innovative ways to clean up those contaminated sites. "I hope (Albertans) look at us and say, 'Wow, that's smart. What a smart government,'" he said. Concerns over coal mining blew up in spring 2020, when the province announced it would remove rules that had protected the eastern slopes of the Rockies from open-pit coal mining since 1976. Public reaction was swift and angry, and the United Conservative Party government reinstated the protections and stopped selling exploration leases. Friday's announcement also comes three years after the government received a report and recommendations on the issue, including public feedback ranging from environmental concerns to dissatisfaction with the regulatory process. Jean said the COVID-19 pandemic, last year's provincial election and fights with the federal government over resource jurisdiction led to the delay of the new initiative. NDP Leader Naheed Nenshi said the plan to collect more royalties represents a plan to increase production in Alberta, with no economic benefit and a lot of environmental risk. "They may want to mess around with the rates, but what they really are trying to do is increase the amount of coal mining in the province," he said. He said the policy previously in place since 1976 was lifted for a brief period so the UCP could "sneak" a few projects through the regulatory process. "It's economically illiterate. It's not going to create the jobs and the economic benefits that we need in Alberta," Nenshi said. Under the new rules, companies would be required to show they can prevent toxic selenium from leaching into watersheds. Jean said technology, including "high wall mining" to catch overburden, the layer of soil and rock that sits above coal, would be used to keep it in check. But NDP environment and protected areas critic Sarah Elmeligi said she's skeptical technology to remove selenium from waterways works at scale, outside a lab. "That technology doesn't currently exist and, if it does, I would love to see it." This report by The Canadian Press was first published Dec. 20, 2024. Lisa Johnson, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Alberta News Alberta creates homelessness advisory panel, changes grant process Dec 20, 2024 12:40 PM BC Civil Liberties Association calls for review of MAID legislation Dec 20, 2024 12:37 PM Stampeders re-sign Canadian receiver Jalen Philpot to two-year contract Dec 20, 2024 12:11 PM
Josh Allen's ex claims she's been hacked after brutal CTE Instagram dig at QB amid his engagement to Hailee Steinfeld
One of the standout performers for Liverpool was their talismanic forward, Mohamed Salah, who opened the scoring with a clinical finish. His speed, skill, and precision in front of goal were on full display, reminding everyone of his world-class ability. Alongside him, Sadio Mane and Diogo Jota added to the onslaught, displaying their versatility and offensive prowess.
Jasprit Bumrah registered this 13th five-wicket haul in Test cricket, achieving the feat on Day 5 of the IND vs AUS Boxing Day Test at the Melbourne Cricket Ground (MCG) on December 30. The right-arm pacer (5/57) has been the best bowler of the IND vs AUS Border-Gavaskar Trophy 2024-25 and he attained the landmark by castling Nathan Lyon with just his third ball of the day. A day ago, he had completed 200 Test wickets, becoming the fastest Indian pacer to achieve that mark. Jasprit Bumrah, with this dismissal of Nathan Lyon, also completed 30 wickets in the Border-Gavaskar Trophy 2024-25. Funny Memes Go Viral On Social Media After Rohit Sharma Makes In-Form Jasprit Bumrah Take Heavy Workload On Day 4 of IND vs AUS Boxing Day Test 2024 . That's the final wicket and another five-wicket haul for the champion bowler 🔥🔥 Jasprit Bumrah now has 30 wickets in this series so far! #AUSvIND pic.twitter.com/Rs4QlYcT6U — BCCI (@BCCI) December 29, 2024 Jasprit Bumrah's fifth wicket was an absolute belter! #AUSvIND | #DeliveredWithSpeed | @NBN_Australia pic.twitter.com/vfDI5gEN3n — cricket.com.au (@cricketcomau) December 29, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)
In conclusion, while the drone crash involving Cai Guoqiang's performance was an unfortunate and unexpected incident, the village committee's prompt response and commitment to improving safety measures demonstrate their dedication to ensuring the well-being of all participants and spectators. It is hoped that through continued efforts and collaboration, future art performances involving technology will proceed smoothly and safely, providing audiences with unforgettable experiences.The integration of silicon photonics I/O and 3D vertical stack DRAM memory in NVIDIA's future AI accelerator represents a groundbreaking convergence of technologies that will shape the future of AI computing. With these advanced components working in synergy, AI applications will experience a significant performance boost, enabling faster training times, lower inference latency, and improved model accuracy.