Until the end of last year, we were seeing constant articles about how the Social Security disability program would run out of money and nearly 11 million Americans would lose around 20 percent of their total monthly benefits across the board.
Many argued that the program needed major overhauls, and they would not spend another dollar to help fix the cash flow shortage unless and until the overhaul occurred. This commentary was mainly from Republicans who were running against Donald Trump for the GOP presidential nomination. For a variety of reasons, including that it would look very bad in an election year if nearly 11 million Americans were thrown into poverty, they agreed to take one year of funding from the Social Security Old Age and Retirement Fund and apply it to the Social Security disability fund. Continue reading →