The Social Security cash crunch Congress can't ignore

CNN Money ^ | June 17, 2014 | By Jeanne Sahadi

[Oldeconomybuyer]

It's highly unlikely that Congress will reform Social Security any time soon.

But there is a near-term cash crunch in one part of Social Security that lawmakers must resolve in the next year or two.

The trust fund for Social Security disability benefits, which is separate from the fund for retirement benefits, is on track to be insolvent -- most likely by the end of 2016 but no later than 2017.

So unless Congress acts to replenish the fund beforehand, the program will only be able to pay an estimated 80% of promised benefits to 8.8 million disabled workers, plus the benefits paid to their spouses and dependents if the disabled worker was the primary breadwinner.

[bert]

Most are just lazy pukes that ran out of unemployment benefits

All must appear in the Disability court for reevaluation

[OldPossum]

I should add that I understood your humorous reference, i.e, there are some widows out there who are glad that their abusive, stupid, and shiftless husbands have passed on. But I suspect that they are greatly outnumbered by those women who wish they had their man back.

[Patriotic1]

Interesting story and your actions are commendable.

(Ms.) Patriotic1

[Chickensoup]

But I suspect that they are greatly outnumbered by those women who wish they had their man back.

___________

There are, there are.