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Congressman Tom Reed announced Monday that he is joining Rep. Sam Johnson (R-TX) as a co-sponsor of an amendment to proposed House rules for the 114th Congress. The amendment would protect the Social Security Trust Fund from being raided in order to bail out the Social Security Disability Insurance (SSDI) Trust Fund. If no solution is agreed to, SSDI is projected by its trustees to go bankrupt in 2016.

"That is unacceptable," Reed said. "Anyone who cares about finding a fair solution for both the catastrophically disabled who depend on SSDI and senior citizens who depend on Social Security knows that we must find a long-term solution which protects both of them rather than a short term band aid which threatens them both."
 
"I raised this issue nearly a year ago when Treasury Secretary Jack Lew was in front of the Ways and Means Committee," Reed explained. "The Obama Administration has no solution except to take funds from Social Security itself. Social Security retirement funds have been raided far too many times for far too many years. My intention by doing this is to force us to look for a long term solution for SSDI rather than raiding Social Security to bail out a failing federal program. Retired taxpayers who have paid into the system for years deserve no less."

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