Our Generation Releases Report: “Social Security Disability Insurance: An Unsustainable Path”

Alexandria VA— Our Generation released an educational paper today showing that the Social Security Disability Program (SSDI) is on an unsustainable path and in dire need of reform.

The SSDI program was established in 1956 and was established to provide monetary benefits to Americans prevented from working as a result of metal or physical disabilities.  The paper finds that the program is failing and recommends reforms.

MacMillin Slobodien, Executive Director of Our Generation said, “Despite its humble beginnings as an insurance plan for long-tenured workers with the misfortune of becoming disabled before retirement, SSDI has ballooned into a $151 billion program rife with waste, fraud and abuse.  This program is in need of reforms right now.  Congress needs to take a look this year at this program to see if it can be saved.”

Findings of the report include:

  • Enrollment in the program spiked in 1984 when SSDI eligibility policies were relaxed;
  • In FY2015, the federal government will collect $116 billion in Social Security taxes for program while spending $151 billion leaving a $35 billion deficit this year in the program;
  • Approximately 9 million disabled workers and 2 million spouses and children per month receive benefits;
  • According to the Social Security Administration, the program is expected to become functionally bankrupt in late 2016; and
  • Reforms are necessary now to rid the program of waste while providing for those in dire need of help.

You can read the report here.

Our Generation Testifies In Front of FEC

Yesterday, a representative of Our Generation testified before the Federal Election Commission on a potential rulemaking to revise regulations in light of certain language from the Supreme Court’s April 2014 decision in McCutcheon, et al. v. FEC. These new rules under consideration by the FEC set a dangerous precedent that would severely undermine the political…Continue Reading

Weekly Check-in February 3

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OUR GENERATION SENDS COMMENTS TO FEC ON INTERNET REGULATION

(Alexandria, VA.) – Last week, Our Generation, a nonpartisan free market advocacy group submitted public comments to the Federal Election Commission (FEC) regarding an Advance Notice of Proposed Rulemaking (ANPRM) that would regulate political speech online. These new rules under consideration by the FEC set a dangerous precedent that would severely undermine the political and…Continue Reading

OUR GENERATION SUBMITS COMMENTS TO FEC

Last week, Our Generation submitted public comments to the Federal Election Commission (FEC) regarding an Advance Notice of Proposed Rulemaking (ANPRM) that would regulate political speech online. These new rules under consideration by the FEC set a dangerous precedent that severely undermines the political and policy debate process for millions of individuals and groups nationwide.…Continue Reading