The President’s budget for the fiscal year beginning on October 1st of this year is out. It calls for a flat appropriation for the Social Security Administration, neither increased nor decreased from the current fiscal year. However, considering inflation, which is heading up significantly over the next year this would amount to a significant cut in the agency’s effective operating budget.
Don’t get too excited about the President’s budget proposal for it's merely a proposal. It’s up to Congress to pass appropriations acts. The problem with Congress is that Republican Congressional leaders aren’t all that much more interested in adequately funding the Social Security Administration than the President. The silver lining is that there probably won’t be an appropriation act covering Social Security until after the first of next year when a new Congress will be seated. That Congress may be more sympathetic to SSA than the current one.
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