• recall519@lemm.ee
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    1 month ago

    Warning everyone that I could not find a source for this and this Twitter post isn’t any evidence in itself. So if you’re saying I told you so, then you’re just as susceptible as the people who believe $300m was being sent to 11yos without any explanation.

    • HellsBelle@sh.itjust.works
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      1 month ago

      I found two sources for this info.

      https://en.as.com/latest_news/bad-news-for-social-security-beneficiaries-this-new-proposal-would-stop-payments-to-170000-people-n/ says:

      Who could see their Social Security benefits stopped?

      Government Executive reports that the SSA memo proposes ceasing payments that are made to people without Social Security numbers. While people without an SSN are not eligible to receive Social Security benefits of their own, there are scenarios where they can accept benefits on behalf of an eligible person who does have an SSN as that person’s “representative payee.”

      A link in that text goes to https://www.govexec.com/management/2025/03/ssa-weighs-axing-payments-170000-beneficiaries/403740/ and it gives an example:

      That task could be arduous, as finding payees is already so difficult that at times the agency turns to institutional payees like child welfare agencies, said Romig. SSA staff also have to assess the suitability of payees.

      “Say you’re a kid and you don’t have a payee for a while — they stop paying the benefit until they sort it out,” she said of the potential for interruptions to benefits.

      It may be that the OP read that and extrapolated it to mean orphans would be cut off … which may or may not be true.

      • recall519@lemm.ee
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        1 month ago

        Those are for SSA, not SBA. They don’t explain why SBA would be brokering business loans with 11yos. There is likely a valid explanation here, but the media doesn’t need to get up in arms until more details are available.

        • Madison420@lemmy.world
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          1 month ago

          There’s nothing unlawful or untwart about an 11yr old getting a business loan if they have a business, that’s just a motivated kid. If not investigate and then shut it down if it’s fraud, don’t just read the title and cut it based off that.