Social Security provides monthly cash benefits to retired or disabled workers, their family members, and family members of deceased workers. Many people of all ages have some connection to the program, including an estimated 178 million covered workers and approximately 64.5 million beneficiaries in 2020. The program’s income and outgo are accounted for with the … Read more
Should I Defer My Social Security Payout? Social Security’s income and outlays are accounted for through two federal trust funds: the Federal Old-Age and Survivors Insurance (OASI) Trust Fund and the Federal Disability Insurance (DI) Trust Fund. Under their intermediate assumptions and under current law, the Social Security trustees project that the DI … Read more
Promoting Global Internet Freedom: Policy and Technology, CRS Report R41837, October 22, 2013 (20-page PDF) Army Drawdown and Restructuring: Background and Issues for Congress, CRS Report R42493, October 25, 2013 (33-page PDF) FY2014 Appropriations Lapse and the Department of Homeland Security: Impact and Legislation, CRS Report R43252, October 24, 2013 (26-page PDF) Army Corps of … Read more
Federal Programs Available to Unemployed Workers, CRS Report RL34251, January 9, 2013 (21-page PDF) Congressional Redistricting and the Voting Rights Act: A Legal Overview, CRS Report R42482, January 31, 2013 (17-page PDF) The Increase in Unemployment Since 2007: Is It Cyclical or Structural?, CRS Report R41785, January 24, 2013 (24-page PDF) Water Resource Issues in … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Off-Budget / Off-Budget Entities / On-Budget Entities David Certner: Social Security as an off-budget program Off-budget: Those budgetary accounts (either federal or trust funds) designated by law as excluded from budget totals. As of 2005, the revenues and outlays of the two Social … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Trust Fund / Trust Fund Accounts photo credit: Fristle Funds collected and used by the Federal Government for carrying out specific purposes and programs according to terms of a trust agreement or statute, such as the Social Security trust funds. Accounts designated as “trust funds” … Read more