[tabi] SS Disability Benefits Shortage

  • From: "Chip and Allie Orange" <acorange@xxxxxxxxxxx>
  • To: <tabi@xxxxxxxxxxxxx>
  • Date: Thu, 23 Jul 2015 17:17:38 -0400

WASHINGTON - The 11 million people who receive Social Security disability
face steep benefit cuts next year - unless Congress acts, the government
said Wednesday.

The trustees that oversee Social Security said the disability trust fund
will run out of money in late 2016, right in the middle of a presidential
campaign. That would trigger an automatic 19 percent cut in benefits.

The report said the fund faces "an urgent threat" that requires prompt
action by Congress.

There is an easy fix available: Congress could shift tax revenue from Social
Security's much larger retirement fund, as it has done in the past.

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  • » [tabi] SS Disability Benefits Shortage - Chip and Allie Orange