ALL >> Business >> View Article
Social Security Not To Change Significantly Under Proposed Budget
A proposed $3.7 trillion budget proposed on February 14, 2011 by the Obama administration leaves for later a fiscal reckoning on the massive social security program. This lays the ground work for even more debate on the various aspects of the program in the future which could affect an individual's claim.
"I want to make clear, first, that Social Security isn't contributing to the deficit in the next 5 to 10 years or considerably beyond that," Jack Lew, Obama's budget director, told reporters at a briefing on the budget proposal. "Social Security is something that we need to address in the long term.
Looking at the program's distant horizon, a commission formed by Obama last year to tackle the federal deficit proposed raising the Social Security retirement age and cutting future benefits. Obama did not adopt the commission's Social Security proposals in his budget plan.
In a statement that could leave the door open for negotiation on modest benefit cutbacks for future beneficiaries, Obama said he "will not accept an approach that slashes benefits for future generations. No current beneficiaries should see ...
... their basic benefits reduced."
There are many aspects of the Social Security Program that could affect you in coming years. Social Security is a Federal program that most people believe only provides retirement benefits. This is not the case. There is a complex disability component to the Social Security program.
Social Security Disability Insurance (SSDI) is part of the Federal Social Security program that provides monthly disability payments to those who are younger than full retirement age, unable to engage in substantial employment activities and have enough quarters of work credit to qualify for benefits.
Supplement Security Income (SSI) is part of the Social Security Program that provides monthly disability benefits to those who have not worked long enough to qualify for SSDI.
Who is disabled and who is not disabled has evolved into a complex question that is not always easily answered and may become even more complex in coming years as politicians look for ways to trim the national deficit.
Already Social Security denies approximately 70% - 75% of the applications for disability. Approximately 60% -70% of these denials are turned into accepted claims after either reconsideration or a hearing before an Administrative Law Judge. Having a Social Security Disability Attorneys Lawyer working for you at these stages can greatly increase your chances of success at the reconsideration or Administrative Law Judge hearing level before the Social Security Administration.
If you are applying for Social Security Disability benefits, having a lawyer on your side that has a strong knowledge of how the Social Security Disability claims process works is critical and can greatly improve your chances of getting your case approved in the application stage or at the hearing level.
See how a Social Social security lawyer may improve your chances of receiving Social Security Disability benefits. Call our lawyers today. For more information on Disability Attorneys please visit our site.
Add Comment
Business Articles
1. Meesho Ecommerce Scraper 2026 For Market Research InsightsAuthor: Acto96
2. Automatic Coffee Machine Uae: Modern Coffee And Vending Solutions
Author: AWAFIA
3. Led Indicators Manufacturers In Mumbai, India: Reliable Control Panels From Sanket Controls
Author: Sanket Controls
4. Multimeter Test Leads Manufacturers In Mumbai, India: High-quality Products For Precise Electrical Testing
Author: Sanket Controls
5. Revenue Cycle Management Outsourcing: 7 Signs Your Healthcare Practice Needs Support
Author: e-care India
6. Thermocouple Industrial Temperature Sensors – A Method For Precise Temperature Monitoring
Author: Sanket Controls
7. Manufacturers Of Temperature Sensors In Mumbai, India: Reliable Products For Industrial Application
Author: Sanket Controls
8. Magnetic Float Switch Manufacturers In Mumbai, India: Reliable Instruments Used In Measuring The Liquid Levels
Author: Sanket Controls
9. Metal Roof Installation Atlanta: Sustainable Roofing Trends
Author: Ximena Ortiz Dávila
10. Tencent Video Api For Video Metadata Extraction
Author: Acto96
11. What Happens To Your Data When A Virus Corrupts Windows: A Mumbai Technician Explains
Author: Arjun
12. Experience A Unique Rajasthan Getaway At Runicha Resort
Author: saasAro
13. Iso Certification For Textile Industry
Author: sqccertification
14. Fund Accounting Outsourcing: How To Improve Investor Capital Tracking And Record Accuracy
Author: KMK & Associates LLP
15. The True Cost Of A Bodybuilding Show: What Nobody Tells You About The Prep Life
Author: Sima






