The Senate Budget Committee is holding a hearing on "Social Security Disability Trust Fund Insolvency" on Wednesday, February 11 at 10 AM. I encourage everyone with time to watch it online at:
The future of the Disability Insurance trust fund is of out most importance. It is predicted that by the end of 2016, the Social Security Administration will be short on the funds needed to pay 100% of the benefits dedicated to individuals with disabilities. Unless Congress acts, nearly 10 million disabled persons will see a cut in benefits.
This shortfall is no surprise. For decades, analysts of the Social Security system have been aware that this would happen. See http://www.cbpp.org/cms/?fa=view&id=4168. This situation arises out of demographic changes in the U.S. population, See http://www.cbpp.org/cms/index.cfm?fa=view&id=4080.
Please stay well informed and urge your legislators to support the Social Security Disability program. There are many ways for Congress to protect the SSDI program. Readers of this blog will soon see future postings about how to contact their Senators to express support for SSDI.