(frankieleon)

Federal Government Takes Taxpayers’ Refunds To Cover Decades-Old Overpayments

In a massive program like Social Security, sometimes people get overpayments ranging from a few bucks to a few thousand bucks. It used to be that if whatever government entity overpaid a family didn’t catch up with them and recoup the money, the statute of limitations on the debt would run out after ten years. A teeny section of the 2008 farm bill changed that, and now the government is snatching up taxpayers’ refunds to cover their dead parents’ decades-old debts. [More]