September 14, 2010
EPI Report Shows $250 Payments to
Social Security Beneficiaries Stimulate U.S. Economy
The National Committee to Preserve Social Security and Medicare Foundation and the Economic Policy Institute today released a report, “Down Payment on Economic Recovery,” that finds that the $250 lump-sum payments that went to recipients of Social Security and Supplemental Security (SSI) benefits were effective economic stimulus. The report’s authors, EPI researchers Josh Bivens and Kathryn Anne Edwards, argue that further job-creation efforts should include another such payment.