The number of people attaining disability insurance payment form Social Security Administration declined last yearDaniel McCarthy (Author) Published Date : Feb 08, 2015 22:54 IST
The Social Security Administration has confirmed that the number of people attaining disability insurance declined last year for the first time since 1983. This admission comes when millions of Americans with disability may face cut in befits if congress fails to fund the program within the deadline. The recent fall in number of people claiming for benefits is the result of recent economic and geographic trends. It had been warned that, if Republican led Congress wins the fight over how to top up the programs, funding benefits will be cut 19 percent next year.
In recent weeks U.S. President Barack Obama had suggested that funds from the Social Security Retirement should be diverted to the disability program. But the Republican lawmakers branded this as a raiding on the retirement program. The Republican Party wants to make some changes in the Disability Insurance before they agreed to fund it. According to the Government data the number of people claiming disability benefit fell to 10.9 million. The figures have also suggested that the number of new applicants had dropped 14 percent from 2014.
In a statement Kentucky Senator Rand Paul, a US presidential hopeful, criticized the agency, he said, Over half of the people on disability are either anxious or their back hurts , which was rebuffed by experts. In another statement the Chairman of the House Ways and Means subcommittee on Social Security Rep. Sam Johnson described the program as plagued by major fraud . In recent times it was said that the most improper payment resulted from people exceeding wage limit before their benefits began. Market experts are also suggesting that the rapid rise in enrollment was caused by the soft economy where disable people were pushed into the program after losing their jobs. It was reported that the number of beneficiaries had increased by 1 present, which is the least increase in 26 years.ads
The number of people attaining disability insurance payment form Social Security Administration declined last year