An Extra $90 Million!

I had missed it. There is an extra $90 million appropriation for the Social Security in the American Recovery and Reinvestment Act of 2009 (page 392) on top of the $1 billion that I had already posted about. The $90 million is for the costs of administering the $250 economic stimulus payments to Social Security beneficiaries. I doubt that the Social Security Administration could say with any confidence what it is going to cost them to administer this, but my gut tells me that $90 million is a very generous amount to give Social Security for administering these payments.