Number of SSD beneficiaries increase under Obama’s administration
Under the Obama administration, the number of Social Security Disability Insurance (SSDI) beneficiaries has increased by 20 percent. The increasing number of beneficiaries could lead to the sooner depletion of the program’s funding.
At the beginning of Obama’s first presidential term, 7.4 million citizens were collecting SSDI benefits. The number of recipients has increased to over 8.9 million people. As the number of recipients climb, the deficit of the Social Security Disability program continues to grow.
Tad DeHaven, a budget analyst, stated that the application for benefits surged as a result of the economic recession. The Social Security Administration’s disability insurance funding is estimated to only last for another three years.
Money from the Social Security Administration is crucial to the survival of some disabled people. If you need assistance obtaining SSD benefits in Indiana, contact the Hankey Marks & Crider. Speak with one of our experienced lawyers today by calling (317) 634-8565.