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A new Social Security report shows the growing overpayment problem tops $23b

November 20, 2023


A new financial report released by the Social Security Administration last week shows that the scope of the agency’s overpayment problem has continued to grow.

As of Oct. 1, the SSA had an uncollected balance of $23 billion in overpayments — money the agency had determined it mistakenly paid to beneficiaries across the country but had not been able to claw back, despite repeated attempts to do so.

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