Monday, August 25, 2014

Don't Believe all the Hype About SSDI's Supposed Depletion in 2016

Important Article About the Solvency of Social Security Disability on U.S. News and World Report

In the aftermath of the misleading and ill-intentioned news stories about Social Security Disability aired by Sixty Minutes and Fox News, the U.S. News and World Report has published a great article debunking the false allegations being made about the programs projected depletion in 2016. 

Chad Stone from the Center on Budget and Policy Priorities has written a great piece outlying the facts on how the anticipated shortfall was largely anticipated and how it can be managed if proper measures are taken.  He notes that in the past, measures have been taken to fix similar shortfalls in the Social Security Disability programs without any major controversies.  It is obvious that now, some in Washington are trying to create a big hype around the projected deficit in 2016 for political gain.  Chill out and don't believe the hype.  Read the article from the U.S. News and World Report here:

http://www.usnews.com/opinion/economic-intelligence/2014/08/22/social-security-disability-insurance-is-not-out-of-control