Skip to comments.Social Security Disability Insurance not sustainable
Posted on 07/27/2010 12:13:18 PM PDT by Angelus
Over 9 Million American are now on SSDI or SSI soon it will be 10 Million. I have wrote a few times about these corrupt programs and how they will soon be unsustainable because of how broad the definitions of disability and the broad language used in the Federal Statutes are that virtually anyone can get it. Also they refuse to put restrictions on who can receive benefits from SSI and SSDI such as Convicted Felons. No matter how many crimes on someones record whether felony or not they can still receive benefits. The Social Security Administrations website also provides assistance to get benefits even if you are not a legal citizen. It tells you how to become a Qualified Alien and get benefits. There have also been moves by Liberals in Congress to expand the SSI Program to all American Overseas territories and not just confine it to the states.
Now according to this article and Mrs. Fiano (the writer) the CBO now admits what I have said in the past that our disability benefits programs are unsustainable.
CBO: Social Security Disability Insurance not sustainable July 27, 2010 by Astrid Fiano, DOTmed News Writer The Social Security Disability Insurance program will exhaust its trust fund by 2018, according to a Congressional Budget Office (CBO) report, largely due to the significant growth of recipients. Between 1970 and 2009, the program increased from 2.7 million to 9.7 million people.
The reasons for the growth in beneficiaries include aging of the population; changes in laws that reversed previous restrictive policies in obtaining benefits; the growth of women in the workplace; and changes in overall health of the population. The last reason is not clearly defined, but may relate to some conditions no longer having the same mortality rate, such as HIV/AIDS. Another factor for the growth seems to be lack of job opportunities due to the current economic crisis.
The program pays cash benefits to adults under age 66 who have worked in the past but are determined to be currently unable to perform "substantial" work. The CBO says that in 2009, the program paid benefits to nearly 8 million disabled beneficiaries and also two million beneficiaries' spouses and children.
The Disability Insurance Trust Fund is financed mostly through a 1.8 percent payroll tax. However, without action to reduce the program's costs, increase from tax revenue, or transference of other federal funds to the program, the CBO says the Social Security Administration will not have the legal authority to pay full DI benefits beyond 2018.
The CBO does suggest a number of changes that could help in addressing the potential exhaustion of the trust fund. These changes include increasing revenues dedicated to the DI program (payroll or other taxes), or reducing outlays by adjusting the program's rules (i.e., creating a stricter definition of disability, or benefit formula). Other approaches suggested are strengthening incentives for people with disabilities to continue to work through early intervention programs; incentives for employers to offer more support to workers with disabilities beyond regulations of the Americans with Disabilities Act (i.e. special accommodations to a disabled worker); the federal government directly paying a portion of a disabled worker's wages; or allowing people with disabilities to receive partial disability benefits for conditions that preclude full-time employment but allow part-time employment.
It’s not insurance, it’s a tax. ~~ B. Hussein Obama
SSI - the new welfare for life scam.
The DOE isn’t sustainable. The Department of education isn’t sustainable. HUD isn’t sustainable. The EPA isn’t sustainable.
There are legions of attorneys who troll the airwaves with commercials looking for clients to pimp for SSDI.
Bloggers: Please use grammar checker. You defeat your entire article when the lead paragraph has ear-shattering errors.
The sooner those sappy Binder and Binder ads disappear from my television, the happier I’ll be.
What government hand-out IS sustainable?
Oh yeah I just could not wait to get off my $$ per hour job and go on SSDI, where I could be raking it in. I also had private disability insurance from my old job but the private company forced me to go on SSDI. They (private company) pick up the difference between my SSDI and what I was entitled to under their policy.
And I spent 2 years fighting with SS, and even the doctors who they sent me to said I permanently disabled. So I can tell you getting SSDI is not a walk in the park.
Don’t forget I am one of the taxpayers who paid into the system for many years.
well I’ve seen the fake back pains, heroin addicts, pseudo-seizures, fake retarded kids-adults, “nervous”, “bi-polar”, alcoholics.. all on SSI. It’s a bunch of crap and all of them need to be booted off and rolled into Medicaid for health and state welfare for stuffing their chubby little faces with cigarettes, cell phones, beer, ding-dongs and Capt Crunch cereal..
“Crazy Checks”: The New Welfare System
Instead of going to work, some parents are having their children declared mentally disabled. Doing so provides the parent with a source of income to replace that which was lost via welfare reform. (This migration from the dole to Social Security has in effect transformed the Social Security system into the new welfare system.)
How social security picks your pocket!:
My Apologies for any mistakes. I wrote it in a hurry.
Perhaps I can use any grammatical errors as evidence for a low IQ and collect under SSI as well as the other 9 Million Americans.
I know a guy who got it for cocaine addiction back in the Clinton years
****The program pays cash benefits to adults under age 66 who have worked in the past but are determined to be currently unable to perform “substantial” work. The CBO says that in 2009, the program paid benefits to nearly 8 million disabled beneficiaries and also two million beneficiaries’ spouses and children.****
UNSUSTAINABLE and unconscionable. By taxing producers for this underfunded entitlement, the Federal Government has enslaved every working man and woman.
I have flat feet. I must be disabled.
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