What Will a McCain or Obama Presidency Mean for Social Security Disability?
The 2008 Presidential election has focused around many topics. Social Security Disability (SSI and SSDI) was not one of those topics. A Social Security Attorney weighs in on where each administration might lead the Social Security Disability system.
Atlanta, GA (PRWEB) November 4, 2008 -- Today as Americans turn in their election ballots, they should consider how Social Security affects Social Security Disability. According to information published on SSA.gov a 20-year-old worker has a 3 in 10 chance of becoming disabled before reaching retirement age. According to the Social Security Attorneys at nationaldisabilitylawyer.com the ability of you or a family member to claim Social Security Disability relies on the future of America's Social Security Program.
Berry and Associates SSI lawyers help disabled consumers throughout the U.S.
During the 2008 election the heated issues of this year were the economy, health care reform, national security, foreign affairs, domestic policy, and taxes. Senators John McCain and Barack Obama glazed over the topics of Social Security and Disability programs such as SSI and SSDI during the three debates:
- University of Mississippi (Oxford, MS)
- Belmont University (Nashville, TN)
- Hofstra University (Hempstead, NY)
Importance of Social Security Disability in Election 2008:
Social security may be a minor issue for most Americans, yet it was the largest budgeted federal spending category in 2006. This program is primarily funded through a dedicated payroll tax, making this an increasingly important topic to address in both times of potential declining tax revenues and an increase of retirees. As baby boomers start to retire over the next two decades, the funds of the current Social Security system will dwindle, and the Social Security Administration has warned it may be completely exhausted by 2041. Voters need to know how John McCain and Barack Obama propose to solve the Social Security problem. Where do McCain and Obama stand on Social Security Disability? What are the differences in their views to address the potential crisis?
John McCain on Social Security:
McCain believes that the current Social Security system is not going to be able to be sustained into the future because more people will be receiving funds than contributing them. He supports supplementing the current Social Security program with private accounts, which would give employees the option of investing 20 percent or more of their Social Security payroll taxes in private accounts. McCain has also mentioned raising the retirement age by a few years is another way Social Security could potentially save more money. Overall McCain has been vague about his position, and states he is dedicated to considering all the options.
Barack Obama on Social Security:
Barack Obama proposes the establishment of a National Commission on People with Disabilities, Employment and Social Security. This commission (staffed by presidential and congressional appointees as well as members of the Social Security Administration) would study how improvements could be made within the current SSI and SSDI programs. Additionally, Obama supports allocating additional funds to the SSA to hire more judges to streamline the Social Security Disability benefits approval process. To fund his proposals, Obama is open to alternative tax funding concepts.
Interpretation by a Social Security Lawyer:
"With an aging population, we are seeing increased wait times for disability claim hearings, which is causing increased frustrations among the public," explains Matt Berry, Founder and Principal of Berry and Associates. "There are several fixes we can expect to be proposed by the next President such as pushing back the age of retirement, income indexing of retirement benefits and increasing the amount of earned income that can be subjected to Social Security Tax."
Regardless of who is elected, NationalDisabilityLawyer.com anticipates that 'not much' is going to change within the Social Security Disability system. Some of the best advice is to be conscious of the Social Security Disability Application process. Remember the importance to document your Social Security Disability impairments and symptoms. If your Social Security Disability - SSI Application was denied, remember don't give up! There are Social Security Disability Lawyers that can help you appeal your case.
The sooner you reach out to an experienced Social Security Disability Lawyer, Social Security Attorney sooner the process can be affected. Some people wait more than two years to receive benefits.
Berry and Associates only charges a Social Security disability attorney fee if your disability lawyers help you win disability benefits.
About nationaldisabilitylawyer.com:
Nationaldisabilitylawyer.com is maintained by Berry & Associates. Berry and Associates Social Security Disability Lawyers are Attorneys that can help with SSDI, SSD and SSI Disability Benefit Claims. Learn what we do to help consumers fight for disability benefits by visiting nationaldisabilitylawyer.com.
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What Will Obama’s Presidency Mean to SSI/SSDI
from NorCal Disability on Nov 11, 2008
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While history was made last night, I stumbled on an article written by the National Disability Lawyers looking at the future of social security and what each of the candidates’ election would mean. Since the article was published on Monday, the...
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Trackback URL: http://www.prweb.com/pingpr.php/VGhpci1IYWxmLVNxdWEtQ3Jhcy1NYWduLVNpbmctWmVybw==
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