Sep 14, 2015 - 09:46 AM
Right now it's being debated in Congress. There actualy is not a shortfall, there are two different ways of figuring the budget, amounts for the different pots of money that make up social security. It's easier for Congress to use a "divide and conquer" strategy and make mountains out of molehills during an election year. Unfortunately, people with disabilites have become a target of that. Historically, when the minimum wage goes up, COLA's for social security eventually get adjusted. There may be a temporary hit while Congress sorts this out. The reality is that it is MUCH easier to keep the paychecks essentially the same size rather than cut paychecks and increase social spending on programs like supported housing and food stamps, because people are not able to work, still need to be housed and fed. I am calling my congresspeople and reminding them of this on a regular basis........try not to worry.