Dec 26, 2020
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Dec 22, 2020
0.5% Increase In Social Security's Operating Budget
The huge appropriations/stimulus bill that was just passed by Congress and which should soon be signed by the President includes a $12.9 billion appropriation for Social Security's administrative expenses, an increase of $67 million or 0.5% from the last fiscal year.
Update: I've corrected the math error. It's not a 5% increase, but a 0.5% increase. There's a reason I'm a lawyer and not an engineer!
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