Monday, February 07, 2005

More on SSDI and Bush's Social Security Proposals

This article from the Houston Chronicle contains this tidbit:

An analysis by economists Peter Orszag and Peter Diamond of the principal proposal put forward by the President's Commission to Strengthen Social Security found that the reduction in disability benefits would range from 19 percent to 47.5 percent by the year 2030. Private accounts wouldn't help to offset that impact because beneficiaries would not be allowed access to their individual accounts until they reached retirement age.
The Orszag/Diamond analysis to which the author is referring can be found, I think, here.


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