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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jul 23, 2015
Page
9
The Social Security disability trust fund may run dry in late 2016 triggering an automatic 19 percent benefit cut for about 11 million recipients. Congress could shift revenue from the retirement fund, an option supported by Obama but resisted by Republicans who seek fraud guards and work incentives.
Advocates urge timely action as trustees project Social Security to pay full benefits until 2035 and Medicare 50th anniversary looms. If funds combined, full benefits could last to 2034. lawmakers worry delay worsens the shortfall and could force benefit cuts. Treasury Secretary Lew calls for a commonsense fix to solvency in the near term.
Trump plans a border visit to Laredo Texas for a news conference at the border and a meeting with Border Patrol union members and law enforcement. The trip signals no retreat in his feud with rivals after his Mexico immigrants remark and his mockery of John McCain. He also exposed Lindsey Graham's cellphone number to a crowd triggering jammed voicemails.
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