Friday, February 13, 2015

Congress proposed a rule to cut Disabilty Insurance in 2016

There was serious issues about Social Security benefits be woefully change. Recently Republicans controlling Congress reportedly passed a rule that it would be projected to cut approximately twenty percents disability benefits next year. It could hurt 8.8 millions Disabled Americans, and only itself could pay a eighty percent of the benefit to disabled Americans in 2016 because they ensure to reallocate the revenue from Social Security Retirements, and to protect the Old-age and Survivors Insurance Funds. Disabled Americans is concerned about the future financial of Social Security Disability Insurance may be short fall in 2016. According to the cost of disability benefits getting more expensive from 1980 through present because of the population rose. More information available in the article- waysandmeans.house.gov/uploadedfiles/goss_testimony.pdf

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