Americans who owe money to the Social Security Administration could soon see their federal or state payments withheld to offset their debt after the agency announced on March 20 that it is immediately resuming collection efforts through the Treasury Offset Program, which had been paused since 2020.
The program, administered by the Department of the Treasury’s Bureau of Fiscal Service, is designed to collect delinquent debts that people owe to various federal and state agencies. The program matches debts owed by taxpayers with money that federal and state agencies are paying them, such as social security benefits and tax refunds. It withholds the payments to offset delinquent debt….