Joyce Manchester, Chief of CBO’s Long-Term Analysis Unit, discusses her testimony on the Social Security Disability Insurance Program before the Subcommittee on Social Security of the House Committee on Ways and Means.

CBO projects that, starting in 2015, the highway account of the Highway Trust Fund will have insufficient revenues to meet its obligations, resulting in steadily accumulating shortfalls.

The Social Security Disability Insurance program has expanded rapidly during the past few decades, and CBO projects that, under current law, future spending for the program will significantly exceed the revenues dedicated to it.