The Internal Revenue Service will be sending millions of dollars in tax refunds to veterans who received disability severance payments starting in 1991. The tax refunds are owed to veterans who received disability severance payments after Jan. 17, 1991, and included that payment as income on their tax returns. Most veterans who received a one-time lump-sum disability severance payment when they separated from their military service will receive a letter from the Department of
Congress faces difficult decisions about keeping the program funded. The tax cut that was enacted will add $1.8 trillion to the federal debt by 2028 according to the non partisan Congressional Budget Office. Depending on who is elected to Congress its possible Congress might look to Social Security as a way to reduce the debt.
Social Security used to be referred to as the third rail of politics and nobody wanted to touch it. Over the past few years both retirement and disab