$944,143,000,000: Social Security Administration Spending Hit Record in FY2015; $6,345 For Every American With a Job

$944,143,000,000: Social Security Administration Spending Hit Record in FY2015; $6,345 For Every American With a Job:

(CNSNews.com) - Spending by the Social Security Administration--which includes payments for Social Security and disability benefits as well as Supplemental Security Income payments and the administrative costs for these programs--hit a record $944,143,000,000 in fiscal 2015,according to data published by the U.S. Treasury.

Even in constant 2015 dollars (with adjustments made using the Bureau of Labor Statistics inflation calculator), that was up $33,748,280,000 from the $910,394,720,000 the Social Security Administration spent in 2015 dollars in fiscal 2014.