By using this website you allow us to place cookies on your computer. Please read our Privacy Policy for more details.
Publication Date: July 2004
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Eileen Sweeney
Research Area: Banking and finance
Keywords: Federal budget; Fiscal future; Economic projections
Type: Report
Abstract:
In his fiscal year 2005 budget, President Bush has requested $8.878 billion for the Social Security Administration’s administrative expenses. (Technically, this is known as the Limitation on Administrative Expenses, or LAE.) Funding for SSA’s administrative costs is provided each year in the Labor, Health and Human Services, and Education appropriations bill and is considered discretionary spending. The level of funding that the Administration has requested is necessary if SSA is to make critical improvements in program operations.
This analysis examines two examples of important work that SSA will not be able to conduct adequately if the funding level is reduced significantly below the President’s request. Specifically, without sufficient funding, two key Congressional goals for administration of the Social Security and Supplemental Security Income disability programs will not be able to be met.