The Center for Global Policy Solutions found data supporting the importance of Social Security not only for seniors, but children as well. Bloomberg reports these findings in a recent article.
About 6.4 million kids, or almost 1 in 10 Americans under the age of 18, rely on checks from Social Security. The fastest growth is among indirect beneficiaries, especially kids who live with grandparents collecting the federal benefit. According to a new report by the Center for Global Policy Solutions, more than 3.2 million children were indirect recipients in 2014, up 48 percent from 2001. Another 3.2 million children receive Social Security directly because their parents or guardians have died, are disabled, or are old enough to retire. The number of minors in this category was up 6 percent since 2001, according to the report by the Center, a liberal-leaning Washington think tank. More children are being supported by Social Security as the American family heads back to a living arrangement more akin to the early 20th century, with multiple generations living under the same roof.
