Disability Insurance Trust Fund in Free Fall

by The Heritage Foundation on Jul 27, 2015 | Views: 98 | Score: 0
Facebook Twitter Reddit Linked In Google Plus Pinterest Tumblr Email
Embed in your web page: (Preview)

Download image:

Please sign up or log in to comment
The Heritage Foundation
The Heritage Foundation on Jul 27, 2015 6:03 AM said:

In 1994, Congress raised the tax rate for SSDI by about 50 percent. The Social Security Trustees warned that Congress must implement SSDI reforms to ensure the program’s long-run solvency. Yet Congress did nothing, SSDI beneficiaries and costs surged, the Trust Fund rapidly declined, and it is now projected to be insolvent in 2016.