WSJ: U.S. Disability Fund May Run Out Of Cash
The Wall Street Journal: Insolvency Looms As States Drain U.S. Disability FundThe SSDI is set to soon become the first big federal benefit program to run out of cash - and one of the main reasons is U.S. states and territories have a large say in who qualifies for the federally funded program. Without changes, the Social Security retirement fund can survive intact through about 2040 and Medicare through 2029. The disability fund, however, will run dry in four to seven years without federal intervention, government auditors say (Paletta, 3/22). This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
