Oklahoma Rep. James Lankford continues review of disability program

WASHINGTON — Rep. James Lankford continued Tuesday to pursue problems in the complex and expensive Social Security program for disabled workers, saying at a hearing that the system is barreling toward insolvency as more people collect benefits.Lankford, R-Oklahoma City, who held a subcommittee hearing in June on the system, asked key Social Security Administration officials… Read More Oklahoma Rep. James Lankford continues review of disability program

Congress faces 2016 deadline to save Social Security’s disability program

Social Security ran a cash-flow deficit of $55 billion last year and one of its two trust funds, used to pay disability benefits, will go bust in three years, forcing benefits to be cut by 20 percent unless Congress acts, the program’s trustees reported Friday.Disability insurance is the smaller part of the Social Security program,… Read More Congress faces 2016 deadline to save Social Security’s disability program