Why not reduce or possibly eliminate disability payments from Social Security?
I personally dont think thats a good idea, although the Bush Administration recently said it is a possibility. Disability insurance was added to Social Security in 1956, and although most Americans will never use it, it is an essential component of the safety net. It offers protection that most people would feel it necessary to purchase, were it not available through Social Security. If government offered such protection, should it do so through direct funding at a time of record deficits? Disability insurance as an earned benefit that workers pay for through Social Security makes a lot more sense. Using non-partisan, non-political numbers, tell me how much you really think the Presidents plan would cost. The president’s plan would force the government to borrow $1.4 trillion over the first ten years of the program and nearly $5 trillion over the first twenty years, significantly raising interest payments on the national debt. These statements come from the Social Security actuaries th
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