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Is social security included in the federal budget?

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Jay's is correct. Social Security is included in the Unified Budget. It is not included in the on-budget measure. Legally the government is supposed to operate based on the on-budget measure. Actually, the media cites the Unified Budget measure. read more

But that doesn’t mean we should ignore Social Security when we examine the federal budget – it's part of the story of federal taxes we pay and federal benefits we receive. Furthermore, our Facebook fan Trish was particularly curious about why Social Security was included in a chart showing where our 2011 federal income taxes went. read more

Social Security is included in the Unified Budget. It is not included in the on-budget measure. Legally the government is supposed to operate based on the on-budget measure. read more

However, those involved in budget matters often produce two sets of numbers, one without Social Security included in the budget totals and one with Social Security included. Thus, Social Security is still frequently treated as though it were part of the unified federal budget even though, technically, it no longer is. read more

In the 1983 Social Security Amendments a provision was included mandating that Social Security be taken"off-budget" starting in FY 1993. This was a recommendation from the National Commission on Social Security Reform (aka the Greenspan Commission). read more

Once you include the 60 percent of the budget that is mandatory spending, the military share plunges from 57 percent to 16 percent, and the categories that include Social Security, Medicare and Medicaid collectively account for a majority of federal spending. read more

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Social Security, Medicare, & Interest Drive 3/4 of ...
Source: crfb.org

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