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SSA Budget

The Commissioner of Social Security Releases a Statement Regarding the Agency’s Fiscal Year 2007 Budget

Michael J. Astrue, Commissioner of Social Security, today issued the following statement regarding the agency’s Fiscal Year 2007 Budget:

“President Bush has signed the Fiscal Year 2007 Continuing Appropriations Resolution that includes annual funding for the Social Security Administration. The good news is the $9.3 billion allocation includes sufficient funds to avoid employee furloughs, which were a real possibility if the agency had to operate at funding levels considered by Congress earlier in the year.

“The resolution is an increase of about $185 million for Social Security’s administrative expenses when compared to the agency’s FY 2006 appropriation. However, it is a reduction of about $200 million when compared to the FY 2007 budget President Bush requested for the agency.

“I want to thank the Administration and Members of Congress who worked to ensure our employees could continue to serve the people who depend on Social Security. I am confident that Social Security employees will continue to do all that they can to provide the public with the service they need.”

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Note: Copies of most SSA press releases, as well as other Social Security information and statistics,
are available at SSA's Internet site, Social Security Online, at http://www.socialsecurity.gov.

SSA Press Office 440 Altmeyer Bldg. 6401 Security Blvd. Baltimore, MD 21235
410-965-8904 FAX 410-966-9973

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