Social Security Saves Iowans from Poverty

Social Security Saves Iowans from Poverty


Iowa Policy Project



Facts Can Help Public, Policymakers in Current Debate



MOUNT VERNON, Iowa (March 7, 2005)
– Almost 1 in 5 Iowans receives benefits from Social Security,
according to a new publication that shows the New Deal program to be a
critical tool that not only keeps Iowa seniors out of poverty but also
helps children and disabled workers.




Using
information from two respected, independent Washington think tanks, the
Economic Policy Institute and the Center on Budget and Policy
Priorities, the Iowa Policy Project (IPP) released a Social Security
fact sheet
for Iowa for use by policymakers, the media and the public.




“We are
circulating this information because the Iowa Policy Project is focused
on encouraging better policy debate in our state. Our leaders should
make decisions based on true information. Decisions on Social Security
are important to Iowans,” said David Osterberg, executive director of
the IPP, a nonprofit, nonpartisan policy analysis organization based in
Mount Vernon.




“Some
numbers really stand out from this fact sheet,” Osterberg continued.
“I’m not sure how many Iowans realize that 19 percent of people in the
state receive Social Security benefits of some sort
.




“I think
some might be surprised as well to learn that without Social Security,
more than half of Iowa seniors – 53 percent – would be in
poverty
.  With it, that drops to just over 7 percent.”




Osterberg said those figures alone carry great implications for the current debate over Social Security.



“Surely
with that many people in Iowa who rely on Social Security, our leaders
must be extremely careful not to risk their economic security,”
Osterberg said. “Any policy choices must be made on facts, not just
ideological guesswork. Too many futures are at stake.”





The
Social Security fact sheet and more information about the impact of
federal and state policy choices on Iowans is available at the IPP
website, www.iowapolicyproject.org, and the Iowa Fiscal Partnership website, www.iowafiscal.org.


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