Social Security and other aspects of the safety net have dramatically reduced poverty and financial hardship among older and disabled adults. More work is needed as the programs that exist to help support older and disabled adults are proving inadequate. They are often out of date, do not contain automatic adjustments for economic conditions such as inflation, and are strained by the needs of the rapidly aging population. In the effort to build consensus about policy options, this paper demonstrates a way to reduce elderly poverty to 2.2 percent. The policies presented in this paper would also significantly improve incomes for the near-poor elderly and families that include a person with a disability. In this paper, we will primarily focus on Supplemental Security Income (SSI), the Supplemental Nutrition Assistance Program (SNAP), and Medicare.
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