Social Security Disability Benefit Checks Could Stop According to President Obama

In today’s news conference, President Obama warned that Social Security checks to retirees and disability receipents could be “delayed”  if Congress does not approve an increase to the national debt ceiling limit. The president also warned that veterans benefits could be delayed and active duty troops might not get their paychecks.

SSA retirement and SSDI disability payments are paid from the separate Social Security “trust fund” that is not subject to the Federal debt limit. The president is warning of a shut down of the Social Security Administration and the Treasury department that would halt the processing and distribution of electronic payments and checks.

http://www.washingtonpost.com/blogs/post-politics/wp/2013/01/14/obama-social-security-veterans-benefits-at-risk/

This entry was posted in Social Security Disability Benefits. Bookmark the permalink.

Comments are closed.