When President Obama released his FY2014 budget, he endorsed a plan to use an alternate measure of inflation – known as chained CPI – to shrink the cost-of-living adjustments for Social Security beneficiaries.
Social Security insurance covers more than just retirees; benefits are also paid to those with disabilities and family members of deceased workers. Combined, these groups received about $720 billion in benefits during fiscal year 2011.
The newly-updated Federal Priorities Database has state and county-level spending data for all three of these groups:
Nearly 90% of Americans oppose cuts to Social Security. How would reduced Social Security benefits affect your state and county?
Check out these resources for more information about Social Security or more information about using the Federal Priorities Database: