Social Security backs away from plan to eliminate paper checks

The Social Security Administration said it will continue issuing paper checks to the retirement program’s beneficiaries, backing away from a previously announced plan to switch all payments to electronic deposits after Sept. 30.  On Wednesday, the Social Security Administration told CBS MoneyWatch it would continue issuing paper checks for beneficiaries, including recipients of retirement and

Biden Sells Memoir for Millions of Dollars Less Than Obama, Clinton Payouts: Report

Barack and Michelle Obama received $60 mil, while Bill Clinton received $15 mil (cropped, Anna Rose Layden/Getty Images) Joe Biden has sold his presidential memoir’s publishing rights for around $10 million, falling millions of dollars short of the sums that the Obamas and Bill Clinton received for their memoirs, according to a report Wednesday evening.