{"id":12282,"date":"2015-01-08T09:19:04","date_gmt":"2015-01-08T14:19:04","guid":{"rendered":"http:\/\/www.wrfalp.com\/?p=12282"},"modified":"2015-01-08T10:19:52","modified_gmt":"2015-01-08T15:19:52","slug":"reed-cosponsors-amendment-that-impacts-social-security-disability-insurance","status":"publish","type":"post","link":"https:\/\/www.wrfalp.com\/reed-cosponsors-amendment-that-impacts-social-security-disability-insurance\/","title":{"rendered":"Reed Cosponsors Amendment that Impacts Social Security Disability Insurance"},"content":{"rendered":"
\"Rep.<\/a>

Rep. Tom Reed (R-Corning)<\/p><\/div>\n

WASHINGTON – Area congressman Tom Reed (R-Corning) announced this week that he will be supporting legislation that he says will help to protect social security.<\/p>\n

Currently, social Security\u00a0has\u00a0two components, the disability insurance (SSDI) program and the much larger Old Age and Survivors Insurance program,\u00a0for which almost all Americans\u00a0become fully eligible when they\u00a0reach retirement age.\u00a0Congress has historically treated them as one system, moving\u00a0money between one\u00a0pot\u00a0and the other\u00a0if one is\u00a0running short on funds and the other has plenty of money.<\/p>\n

All signs show that the disability pot will be empty\u00a0late next year if no action is taken. According to a report in the Washington Post<\/em><\/a>, there is enough money in the larger pot to last until 2034, or to\u00a0keep both programs\u00a0solvent through 2033.<\/p>\n

However, Reed is voicing his concern over shifting money from the regular SSI fund into the SSDI fund. The Corning Republican joined\u00a0 fellow Republican Sam Johnson of Texas as co-sponsor of an amendment to House Parliamentary Rules that prohibits congress from shifting money between the two funds. That rule was voted on and approved on Tuesday.<\/p>\n

During this week’s conference call with local media, Reed stated that the new rule is designed to protect the SSI trust fund. He said rather than using SSI moneys to cover the cost of SSDI, congress should instead identify ways to reel in SSDI spending – with the most obvious solution being to cut down on fraud and abuse. He also said that lawmakers may have to consider changing the rules outlining who qualifies for the disability funding. Another option altogether is to find another funding stream to cover the cost of the current SSDI system, although that is unlikely to happen with the Republican Controlled Congress putting a focus on cutting back in spending.<\/p>\n

The Washington Times<\/em> report states that the effect of the rule appears to be to force Congress into a\u00a0debate about Social Security next year instead of sometime before 2033. Without action from Congress, Social Security will\u00a0be forced to cut\u00a0disability payments to all recipients by about one\u00a0fifth.<\/p>\n","protected":false},"excerpt":{"rendered":"

WASHINGTON – Area congressman Tom Reed (R-Corning) announced this week that he will be supporting legislation that he says will help to protect social security. Currently, social Security\u00a0has\u00a0two components, the disability insurance (SSDI) program and the much larger Old Age and Survivors Insurance program,\u00a0for which almost all Americans\u00a0become fully eligible when they\u00a0reach retirement age.\u00a0Congress has […]<\/p>\n","protected":false},"author":22,"featured_media":7451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"Reed Cosponsors House Rule Amendment that Impacts Social Security Disability Insurance","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[558,1038,4649,4647,4648,2263],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2013\/10\/Read-Feature.png?fit=332%2C189&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3YlJ4-3c6","jetpack-related-posts":[{"id":12581,"url":"https:\/\/www.wrfalp.com\/reed-lays-out-ways-and-means-agenda-for-2015\/","url_meta":{"origin":12282,"position":0},"title":"Reed Lays Out Ways and Means Agenda for 2015","author":"WRFA Radio","date":"February 4, 2015","format":false,"excerpt":"WASHINGTON -\u00a0 Chautauqua County\u2019s representative in the House says he\u2019ll be focusing on three major efforts during the current session that he says will protect taxpayers. Congressman Tom Reed (R-Corning), who has a seat on the House Ways and Means Committee, says the panel met last week to discuss initiatives\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25717,"url":"https:\/\/www.wrfalp.com\/reed-calls-for-reform-of-medicare-social-security-to-prevent-insolvency\/","url_meta":{"origin":12282,"position":1},"title":"Reed Calls for Reform of Medicare, Social Security to Prevent Insolvency","author":"WRFA Radio","date":"June 27, 2018","format":false,"excerpt":"WASHINGTON - Congressman Tom Reed (R-Corning) is again ringing the alarm bell about the unsustainable of both Social Security and Medicare. During this week\u2019s conference call with regional media, Reed pointed to the most recent report from the Trustees of the Social Security and Medicare, saying that if things stay\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2016\/07\/Tom-Reed.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":21986,"url":"https:\/\/www.wrfalp.com\/local-congressman-says-trump-budget-forces-discussion-about-spending-priorities-in-washington\/","url_meta":{"origin":12282,"position":2},"title":"Local Congressman Says Trump Budget Forces Discussion About Spending Priorities in Washington","author":"WRFA Radio","date":"May 24, 2017","format":false,"excerpt":"WASHINGTON - The poor and the disabled are big losers in President Donald Trump's $4.1 trillion budget proposal, while the Pentagon is a big winner. The president's plan for the budget year beginning Oct. 1 was delivered to Congress on Tuesday.\u00a0 It calls for deep cuts in safety net programs,\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2016\/04\/Donald-Trump-221x300.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":26646,"url":"https:\/\/www.wrfalp.com\/mitrano-voices-concerns-over-reeds-support-to-cut-ssi-medicare-funding\/","url_meta":{"origin":12282,"position":3},"title":"Mitrano Voices Concerns Over Reed’s Support to Cut SSI, Medicare Funding – Says it Would Impact Thousands of Constituents","author":"WRFA Radio","date":"September 26, 2018","format":false,"excerpt":"PENN YAN, NY - Candidate for Congress Tracy Mitrano (D-Penn Yan) is on the offensive this week, claiming incumbent Rep. Tom Reed (R-Corning) will help to reduce Social Security and Medicare benefits to those who need them most if he is reelected to another term in Washington. \"I\u00a0 can not\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/09\/Headshot-of-Tracy-Mitrano.jpg?fit=763%2C455&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/09\/Headshot-of-Tracy-Mitrano.jpg?fit=763%2C455&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/09\/Headshot-of-Tracy-Mitrano.jpg?fit=763%2C455&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2018\/09\/Headshot-of-Tracy-Mitrano.jpg?fit=763%2C455&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7196,"url":"https:\/\/www.wrfalp.com\/congressman-reed-wont-accept-pay-during-government-shutdown\/","url_meta":{"origin":12282,"position":4},"title":"Congressman Reed Won’t Accept Pay During Government Shutdown","author":"WRFA Radio","date":"October 3, 2013","format":false,"excerpt":"WASHINGTON - Chautauqua County\u2019s Congressman says he won\u2019t accept a paycheck while the government is shut down. Congressman Tom Reed (R-Corning) released a statement on Wednesday, saying that Congress has a job to do and if it can\u2019t complete one of its primary responsibilities, it doesn\u2019t deserve to get a\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20124,"url":"https:\/\/www.wrfalp.com\/aarp-members-urge-plumb-to-take-a-stand-to-protect-social-security-benefits\/","url_meta":{"origin":12282,"position":5},"title":"AARP Members Urge Plumb to ‘Take a Stand’ to Protect Social Security Benefits","author":"WRFA Radio","date":"October 27, 2016","format":false,"excerpt":"CORNING - Candidate for Congress, U.S. Navy Captain John Plumb (D-Lakewood), has accepted nearly 1,000 petitions from AARP on behalf of their members. 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