Wednesday, October 3, 2012

Ask Obama and Romney how they are going to Handle Disability Insurance?

The data in the chart below is taken from CBO's baseline scenario involving Disability Insurance through 2022.  Notice the Trust Fund is forecast to run our of money by then end of 2015 and it could be even sooner if the CBO baseline scenario is overly optimistic .  Thus the government will have to find at least 160 billion dollars to fund Disability Insurance in 2016 and a whopping 1.28 Trillion Dollars through 2022 based on this baseline scenario.   So Mr. Obama and Mr. Romney how are you going to handle this problem?

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