I'm glad the link I provided had all the information you needed.
I'm re-posting it here to make for a formal answer to your
question...let me know if there's anything else you need.
This table from the Social Security Administration provide a detailed
breakout of SS expenses (outgo) for every year since 1957 (prior to
1957, SS was structured very differently):
In 2004, total outgo was $501,643 million, which amounts to $1,374
million ($1.37 billion) per day.
All the best,
search strategy: Google search on [ ssa gov ] to locate the Social
Security website, and then explored the site for relevant information.
Clarification of Answer by
23 Feb 2005 16:21 PST
The projected social security costs for 2005 (as well as for other
years) can be seen here:
Table IV.A3.--Operations of the Combined OASI and DI Trust Funds,
Calendar Years 1999-2013
Make sure to view Table IV.A3, as there are other tables on this page as well.
The projected costs for 2005, based on the "Intermediate" projection,
are $517.6 billion, with a range of from $498.8 to $531.0 billion.
Please be aware that these numbers may not be directly comparable to
the numbers I gave you earlier, as they may be based on a slightly
different formulation. The descriptions of the tables are
unfortunately not detailed enough to know for certain.
Thanks again for an interesting question.