claim: "the social security disability fund is going belly up in 2016."
author: rob portman
evidence_1: if trust fund assets are exhausted without reform, benefits will necessarily be ...  and jason fichtner of the office of retirement and disability policy provided  critical ... at the point where the reserves are used up, continuing taxes are  expected to .... in 2016, when tax revenue alone was first expected to be  insufficient to cover ...
evidence_2: feb 6, 2016 ... another year, another political argument about social security. ... that the  disability insurance portion of the trust fund (vs. the part allocated for retirements)  will run out of money in 2016 unless steps are taken to prevent it. ... the transfer  say the retirement fund also needs protection against going belly-up ...
evidence_3: each year the trustees of the social security and medicare trust funds report on  the ... and the disability insurance (di) trust fund, which pays disability benefits,  are ... deficit for the oasdi trust funds is 2.84 percent of taxable payroll, up  slightly ... thereafter, scheduled tax income is projected to be sufficient to pay  about ...
evidence_4: jun 6, 2018 ... despite having established social security trust funds to save up for this ... that  was composed of 93% of disability fund benefits and 75% of old age and ... as  years go by, you can expect even greater confidence in a ...
evidence_5: the social security trust funds are on a path to run out. use this tool to find out  what you stand to lose unless washington acts.