Proposed Cuts to Social Security Disability Benefits Under Trump's Administration
Trump could cut Social Security disability benefits for older Americans, report says 🔗
Proposed changes to Social Security under Trump's administration could significantly cut disability benefits for older Americans, particularly by removing age as a qualifying factor for benefits. This plan, led by budget director Russell Vought, may affect around 750,000 recipients and lead to $82 billion in reduced payouts over the next decade. Critics, including Democratic lawmakers, argue that these changes represent the largest cuts to disability insurance in history and could force older disabled individuals to withdraw retirement benefits earlier at a reduced rate. The changes are framed as part of a broader effort to encourage older Americans to remain in the workforce.
What are the potential impacts of the proposed changes to Social Security disability benefits?
The proposed changes could result in approximately 750,000 fewer Social Security recipients and $82 billion in reduced payouts over ten years, affecting many older Americans who rely on these benefits.
Who is pushing for these changes within the Trump administration?
The changes are being advocated by Russell Vought, the White House budget director, as part of an overhaul of the Social Security Administration's approach to disability benefits.
How might the removal of age as a qualifying factor affect older Americans?
Without age considered as a factor, older disabled workers may be forced to withdraw retirement benefits earlier, which would come at a significantly reduced monthly rate, impacting their financial security.