Social Security Disability Trust Fund Will Soon Be Depleted

by The Heritage Foundation on Feb 19, 2015 | Views: 92 | Score: 0
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The Heritage Foundation
The Heritage Foundation on Feb 19, 2015 3:34 PM said:

The Social Security Disability Trust fund has been running cash-flow deficits of about $30 billion a year and is expected to run out of money next year.

kendramayer2017 on Feb 20, 2015 6:56 PM said:

This is a separate account in the United States Treasury, which does not rely on Congressional approval. What will be the consequences in 2016 when the Social Security Administration will have to periodically request money from the Congress?

Christian Stellakis
Christian Stellakis on Feb 22, 2015 10:01 PM said:

This is a disastrous result of a system that was suppose to be self-sufficient. Unfortunately, if Social Security is to remain a viable institution, significant concessions must be made. The system was not designed for the increasing longevity of its recipients and must be properly adjusted if the fund is to recover.

Peter Graham
Peter Graham on Feb 23, 2015 1:48 AM said:

Hopefully a showdown with a Republican Congress over this issue can be avoided, as many older voters towards the right of the spectrum view Social Security very highly.