We hope that the government will soon determine how to fix the alleged issues with social security funding.
Columbus, Ohio (PRWEB) July 29, 2014
Henry Acciani, a social security disability attorney and partner at O’Connor, Acciani & Levy, comments on the recent allegation by the Association of Mature American Citizens that the government is running out of social security funds faster than expected.
“We are saddened to hear that in the future those who have worked hard to prepare themselves for their imminent retirement could see this dream fade away,” said Acciani.
"We hope that the government will soon determine how to fix the alleged issues with social security funding and that no American will be without the funds they need as they get older.”
On July 17, the Association of Mature American Citizens released a press release alleging that the Congressional Budget Office said the Social Security Trust Fund will not have enough funds to make payouts beginning in 2030. The allegations are based on the Congressional Budget Office’s (CBO) most recent long-term budget outlook published on July 15.
Dan Weber, president of the Association of Mature American Citizens, goes on to say in the press release that changes need to be made, starting with lawmakers putting a focus on the plight that current and future retirees will encounter.
The CBO, however, did note in the long-term budget outlook that budgetary outcomes will likely differ from their projections due to unexpected changes in the economy, demographics and other factors.
To learn more about social security disability claims and how a social security disability lawyer could help you in the future, visit oal-law.com.
About O’Connor, Acciani & Levy
For over 30 years, the attorneys of O’Connor, Acciani & Levy have been committed to helping all those who have been injured by the actions or negligence of another person or entity. The Cincinnati, Ohio-based personal injury law firm handles all types of personal injury claims including auto accident injuries, dangerous drug litigation, medical malpractice, product liability claims, premises liability and wrongful death claims. For a free and confidential case evaluation, contact O’Connor, Acciani & Levy by visiting oal-law.com or by calling (877) 288-3241 today.
O’Connor, Acciani & Levy
1014 Vine Street, Suite 220
P.O. Box 11050
Cincinnati, OH 45202