Government Information

Earl Gregg Swem Library

Social Security Disability Insurance: Participation and Spending

Categories: Disability,Govt Finance,Laws/Regulations,Retirement/Social Security,Statistics,Welfare/Social Services

https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51443-SSDI_Participation_Spending.pdf

Spending on Disability Insurance benefits grew more than ten-fold between 1970 and 2015 and nearly tripled as a share of GDP.  Even if spending is projected to be more modest in the coming years, under current law, spending would exceed income after 2018 and the Trust Fund would be exhausted in 2022.  This report lays out policy options for Congress.  From the Congressional Budget Office