- 07/28/2015 03:50 PM
- Source: WashingtonExaminer.com RSS - politics
- by: Joseph Lawler
The Social Security disability
program will run out of money in late 2016, a report
issued Wednesday by the Social Security and Medicare
trustees warned.
At that point, the 10.9 million beneficiaries of the
program face an immediate 19 percent cut in benefits,
unless Congress intervenes.
The combined trust fund for the retirement and
disability programs is projected to run out by 2034,
a slight improvement from last year's estimate.
The trust fund for Medicare hospital insurance will be
depleted by 2030, unchanged from last year. Source:
WashingtonExaminer.com RSS - politics
http://americanactionnews.com/articles/social-security-disability-program-to-go-bust-in-2016