U.S. Disability Program To Run Out Of Money By 2016: Government [View all]

[Ichingcarpenter]

America's disability benefits program was recently thrown into the middle of an ideological battlefield after This American Life, the WBEZ radio show hosted by Ira Glass, portrayed the disability program as a "de-facto welfare program."

Just a couple of months later, that very program appears dangerously close to becoming insolvent.

The program, which provides nearly 11 million people with disability insurance, is projected to run out of money in the next three years if lawmakers do nothing to shore up its funding, according to officials from the Social Security and Medicare programs. The fund has been paying out more than it brings in since 2009.

The disability insurance program, which is funded by payroll tax contributions from workers and employers, was the focus of a March This American Life episode that controversially portrayed the program as a way for struggling but able-bodied Americans to find some kind of economic security.



http://www.huffingtonpost.com/2013/06/03/disability-insolvent_n_3375740.html



WSJ but I'd be weary knowing repulbicans