Feds: Social Security Disability Fund Goes Broke Next Year

I know for  a fact that a Woman I kind of grew up with started off on the wrong side of the law. Had two kids as a alcoholic and on drugs. Lost custody of the two kids. Hung out with a boyfriend biker. Claimed to have panic attacks. Got on SSI Disability (still today), as she hung out at the bars and parties. Today she is now getting prescription drugs on the taxpayer dime and food and welfare and still SSI disability on the taxpayer. What really  irritates me about this is she never paid a dime in the system.So if she was able to get it how many more people that never paid a dime into SSI is getting it. It is a failed system. It used to be only people collected who paid into it!

Social Security’s disability trust fund will run out of money next year, administrators said on Wednesday, forcing steep benefit cuts for the entitlement’s beneficiaries unless Congress acts to shore up the program.

The program’s trustees said in a report on the fund’s financial state that its fiscal reckoning, which is expected to come in late 2016, will automatically slash benefits by nearly a fifth, the Associated Press reported.

The report said the fund faces “an urgent threat” that requires prompt action by Congress.

There is an easy fix available: Congress could shift tax revenue from Social Security’s much larger retirement fund, as it has done in the past.

President Barack Obama supports the move. But Republicans say they want changes in the program to reduce fraud and to encourage disabled workers to re-enter the work force.

The date that the fund will be exhausted is unchanged from last year’s report. But as the deadline gets closer, advocates say the need to act becomes more urgent.

http://freebeacon.com/issues/feds-social-security-disability-fund-goes-broke-next-year/