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I'm reading things about this budget deal a little differently.
This deal will transfer $80 Billion from the main Social Security fund to the Social Security Disability Insurance fund.
If this deal didn't happen then current Social Security recipients wouldn't be getting a cost of living adjustment and SSDI recipients would be getting a 20% cut. With this deal Social Security recipients won't be getting a cost of living adjustment, but SSDI recipients won't be getting their benefits cut by 20%.
The agreement would raise spending by $80 billion over two years, not including a $32 billion increase included in an emergency war fund. Those increases would be offset by cuts in spending on Medicare
and Social Security
disability benefits, as well as savings or revenue from an array of other programs, including selling oil from the nation’s strategic petroleum reserves. The Medicare savings would come from cuts in payments to doctors and other health care providers.