Tag: SSI

older couple with advisor discussing finances

President Biden has said he wants to increase the benefits in a federal program for low-income children and adults with disabilities. But a long-running debate about the program is whether the direct cash assistance helps children when they grow up. The Supplemental Security Income program, or SSI, clearly has immediate benefits. SSI provides nearly $800…

Crawling plants with dying leaves

This relatively forgotten program, enacted in 1972, has withered on the vine. A wise person used to argue that programs designed solely for poor people are poor programs – their benefits erode over time; unchanging income and asset tests reduce the eligible population; and they are expensive to administer.  In contrast, programs like Social Security…