The increase will accelerate the exhaustion of the SSDI reserves by 2018, and was recently described by the Congressional Budget Office (CBO) as 'not financially sustainable.'
Social Security is now at the tipping point, the first step of a long, slow march to insolvency if we don't do something about it.
If the appeal process throws back two-thirds of the cases, there's something wrong.
We've been told that, after being rejected by the Social Security Administration for a disability claimant person, two-thirds of the claiman...
A lot of people all over America realize that this stimulus package, this money was--once it ran out, it was gone.
Let's assume it's just 10 million--that's a lot of people.
Simply put, there is no way to control our debt without getting serious about entitlement reform.
The number of workers per retiree has fallen from 42 to 1 in 1940 to about 3 to 1 today.
I think is a dangerous mismanagement of Federal funds.
I've known cases where people who have filed for disability claims and have been denied... and then they die before the appeal process.
Wouldn't this funding have been better spent on integrity work, such as, disability and Supplemental Security Income reviews?