Social Security and the Proposed Budget
Apr 28th, 2020 | By Sharon Shaw Elrod MSW EdD | Category: Senior Moments BlogWhen the 2021 proposed budget was released from the White House in February, 2020, we heard quite an outcry from senators and representatives. They were (rightfully) concerned about what appears to be cuts to Social Security.
SeniorCitizenJournal.com decided to take a look at the proposed federal budget, with the help of FactCheck.org, a project that comes out of The Annenberg Public Policy Center at the University of Pennsylvania. The proposed budget itself is a pretty complicated manuscript. Understanding it requires help from interpreters.
Well, the ‘proposal’ is largely an annual ritual that establishes the administration’s priorities, but is never acted on by Congress. And according to FactCheck.org, “The budget proposes reductions to the Social Security Disability Insurance and Supplemental Security Income programs, but not reductions to the retirement portion of Social Security.” That means Social Security benefits to most senior citizens will not be reduced in this budget proposal.