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Diane Publishing Books
Supplemental Security Income: An Overview
Noah Myerson (au)
In 1974, the federal government established the Supplemental Security Income (SSI) program to provide cash assistance to people who are disabled, aged, or both and who have low income and few assets. SSI replaced several state-run support programs that had been partially financed by the federal government. The Congressional Budget Office (CBO) estimates that in FY 2013, the program will make payments to more than 8 million people at a cost to the federal government of about $53 billion. This report discusses how the SSI program works, who receives payments, the programńˇ╗s spending and its interaction with other government programs, the extent to which SSI affects peopleńˇ╗s work and saving, and possible approaches to changing the program. Figures. This is a print on demand report.
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