Income Security: Reports Issued From FY 1988 through June 1992.
Abstract
This document lists all GAO reports on income security issues published between fiscal year 1988 and June 1992. Members of the Congress, others in government, researchers, and the general public can use this document to better understand and stay abreast of income security issues. Income security issues cover a wide range of entitlement and means-tested programs designed to protect the economic well-being of families and to reduce poverty. The nation spends $500 billion a year for income security programs, such as social security, disability, and welfare programs, accounting for more than 60 percent of the domestic budget. In addition, tax expenditures of over $48 billion-the largest in the federal budget-for tax-deferred pension contributions underscore the key role of pensions and retiree health costs in income security policy. Over 43 percent of all federal spending is for income security programs benefiting millions of Americans, from the young to the elderly. The largest portion of this spending is for Social Security, which is paid for from payroll taxes on wages. Recent congressional action has concentrated on welfare reform aimed at reducing the numbers of children in poverty and child care legislation designed to improve access to quality care. Also, the growing elderly population continues to focus national attention on long-term care, which erodes the retirement security of many elderly persons and their families, and the security of private pension and health benefits for retirees. Other income security programs and policies deal with the delivery and financing of services for veterans, the disabled, the working poor, refugees, the homeless, and other vulnerable populations. (KAR) p. 3
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1992
- Accession Number
- ADA298989
Entities
Organizations
- United States Government Accountability Office