House Appropriations Committee Releases Chairman's Mark Of Bill Covering SSA

    The Chairman's mark of the FY 2023 Labor-HHS appropriations bill provides $14.4 billion for Social Security operating expenses, an increase of $1.1 billion, or 8%, above the FY 2022 enacted level. This is about $600 million below the President's budget proposal and more than a billion dollars below the Acting Commissioner's proposal. 

    This is only a Democratic proposal. Senate Republicans have a veto over what goes into the budget even though they're in the minority. This is only the start of a process that is almost certain to continue until at least December and more likely to go into the new year.

    Subcommittee markup of this bill is scheduled for 5:30 today.