Reed, Disabled Community Oppose Presidents Plan to Privatize Social Security
PAWTUCKET, RI In the debate over President Bushs proposal to privatize Social Security, little attention has been focused on what would happen to disability benefits. A 20-year-old worker has a 3-in-10 chance of becoming disabled before reaching retirement age, according to the Social Security Administration. Disabled workers, as well as children and adults with physical or mental impairment that prevent them from supporting themselves, receive Disability Insurance from the Social Security program.The Bush Administration has provided no details about the impact of private accounts on disability benefits. However, because the Presidents private accounts would cut Social Securitys funding and worsen its financial problems the guaranteed benefits provided to Rhode Islanders with disabilities would be threatened.U.S. Senator Jack Reed (D-RI) today joined with Barbara Lindsay, Development Director, The Arc of Blackstone Valley and beneficiaries of the Social Security Disability Insurance Program to urge President Bush not to put the program at risk.Disability insurance was added to the Social Security program during the Administration of President Dwight Eisenhower to provide financial support for people with a disability that prevents them from earning a living wage. Approximately 26,200 Rhode Islanders receive checks from the Social Security Disability Insurance program.