The Congressional Budget Office Recommends Cuts to Social Security Benefits
The Congressional Budget Office’s recommendation for reducing the deficit includes cuts to Social Security Disability, including eliminating Child’s SSI benefits altogether.
Among the CBO’s recommendations are six “mandatory spending” options, as well as a taxation option:
- Eliminate Supplemental Security Income Benefits for Disabled Children
- Link Initial Social Security Benefits to Average Prices Instead of Average Earnings
- Make Social Security’s Benefit Structure More Progressive
- Option 31 Raise the Full Retirement Age for Social Security
- Require Social Security Disability Insurance Applicants to Have Worked More in Recent Years
- Eliminate Eligibility for Starting Social Security Disability Benefits at Age 62 or Later
- Tax Social Security and Railroad Retirement Benefits in the Same Way That Distributions From Defined Benefit Pensions Are Taxed.
The full CBO report can be viewed at https://www.cbo.gov/system/files?file=2018-12/54667-budgetoptions.pdf.