Saturday , 21 December 2024

Social Security Disability Insurance Program Is Financially Unsustainable

By Veronique de Rugy | Mercatus.org | Sep 2, 2015

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The 2015 annual report from the Social Security Board of Trustees shows that the program’s disability component is in immediate trouble. Data from the latest report show that the disability fund will be depleted as soon as next year and unable to pay full benefits to beneficiaries.

This week’s first chart uses that data to show total income, expenditures, and assets in the Social Security Disability Insurance (DI) trust fund going back to 1980. The chart shows that the trust fund has been operating under deficits since 2009, as shown by the decline in the trust fund (green bars) and ever-growing gap between the payments (red line) and receipts (blue line). C1-disability-insurance-trust-fund-vero

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About Stuart Webb

Stuart Webb is an activist, citizen journalist as well as entrepreneur. Stuart's educational background is self education, common sense, the U.S. Constitution and is currently studying at BYU Idaho working towards a degree in Accounting then Law. He currently works full time at a marketing company in Fresno, California. Stuart is the Co-Owner/CEO/Editor of Weaponized News.

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