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Mar 30, 2009

House Budget Resolution

The Budget Resolution pending in the House of Representatives is finally available. It "assumes" the same budget amount for Social Security's operating budget as proposed by the President, $11.6 billion (page 33).

The Budget Resolution, however, is not the same as the Appropriation Bill. The Budget Resolution merely sets goals. It is a sign of what may be coming, but the Appropriation Bill is the real deal that actually determines how much money Social Security gets to spend.

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