Federal Managers Association

In the News

• Senate appropriators propose $500 million budget increase for Social Security overhead - August 2, 2024

• By Erich Wagner, Government Executive

  The Senate Appropriations Committee on Thursday advanced spending legislation that would increase the Social Security Administration’s administrative budget by $500 million, setting up a standoff with the House.

  Since the George W. Bush administration made overhead costs for the agency responsible for administering the two largest pieces of non-discretionary federal spending—retirement and disability benefits—part of the discretionary budget, SSA’s annual budget has been contained in the Labor-Health and Human Services, Education and Related Agencies appropriations bill. Although Congress sets the agency’s administrative funding levels each year, the money comes from federal payroll taxes, not the U.S. Treasury.

  To read the full article, click here.

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