What Does Debt Deal Do to Social Security?

Today’s CBS Money-Watch article has a good discussion of the implications of the debt deal for Social Security. These ideas apply equally to disability payments:

“The devil’s in the details of the debt deal. Say that three times fast and your tongue will get just as twisted as our politicians’ did in recent weeks.

“The recent debt compromise calls for a bi-partisan committee to make recommendations to Congress by Thanksgiving for reducing entitlements, including Social Security and Medicare. These programs are protected, however, from the automatic reductions in entitlements that will go into effect if the bi-partisan committee doesn’t come to any agreement, or if Congress doesn’t adopt their recommendations.
See full story here: