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Wednesday, November 21, 2012

$135B in FY12 Disability Payments Exceeded $125B in Pentagon Procurement Payments

Federal disability insurance payments hit a record $135 billion in fiscal 2012, which ended on Sept. 30.

That was more than the $124.712 billion the Department of Defense paid in fiscal 2012 for procurement of goods and services, according to the federal government's Monthly Treasury Statement for September.

The number of workers taking disability also climbed to yet a new record of 8,805,353 in November, rising from the previous record of 8,803,335 in October.

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3 comments:

Anonymous said...

If they would get off their drinking butts and approve my claim, there would be one more on it.

Anonymous said...

It has occurred to me as I watch disability ranks swell under Obama that disable people aren't counted as unemployed. Is is possible that the President that is totally clueless on developing a pro-employment atmosphere, might be loosing the eligibility requires for disability to keep the unemployment rate down?

Anonymous said...

11:16 AM

Could you say that again with more clarity so I can understand it?