Some Americans are getting a second Social Security check today. Here's why.
CBSN
About 1 in 10 Social Security recipients will receive a double December payment, with their second monthly check arriving on December 29.
That's because of a quirk in the system for the Social Security Administration's Supplemental Security Income (SSI) program, which provides support for disabled people and older Americans with low incomes.
Typically, SSI recipients receive their payments on the first of each month, which means the program's 7.5 million enrollees received their December payment on December 1. But because January 1 is a holiday, SSI recipients are getting their January check on the last weekday before the New Year, with deposits landing on December 29.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.