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...Long live free enterprise!" shouted some of the 300 giddy spectators, dozens of them investors in the project, who gathered on a Matagorda Island cow pasture to cheer the takeoff. "It was just a glorious feeling," said David Hannah Jr., founder and chairman of Space Services Inc. of America (SSI), the two-year-old company that financed (for $2.5 million) and flew the free-enterprise rocket. "We met the objective in picture-book style...

Author: /time Magazine | Title: Outer-Space Entrepreneurs | 9/20/1982 | See Source »

WELFARE. To many Americans, welfare payments are synonymous with HEW and its problems. Today the main components of federal welfare?Aid to Families with Dependent Children (AFDC), Medicaid, food stamps and Supplemental Security Income (SSI)?distribute more than $30 billion to some 30 million Americans. The vast program is unfair and inefficient. Benefits vary widely across the country, in part because the states share the cost of the program, and their contributions differ dramatically. A family of four in Mississippi, for instance, receives $60 a month; in New York, it would get $450. Fathers are encouraged to desert, since...

Author: /time Magazine | Title: The Beneficent Monster | 6/12/1978 | See Source »

...revolt is aimed mainly at the bureaucratic confusion. At the beginning of last year, the Federal Government undertook what looked like a more efficient way of speeding help to needy aged, blind and disabled people. Any state wishing to take part in the new program, called SSI (Supplemental Security Income), could let Washington's Social Security computers figure the benefits and mail out the checks to each recipient. The states would then be billed for their share of the welfare costs by the Social Security Administration. Thirty-two states took advantage of the arrangement, since it seemed to remove...

Author: /time Magazine | Title: WELFARE: Billions to Pay, and a Spreading Revolt | 9/1/1975 | See Source »

...American over 65 and many over 62 can apply for Social Security through some 1,300 local Social Security offices, which are listed under "U.S. Government" in telephone directories. Those not eligible for railroad retirement, civil service or veterans' pensions probably qualify for state-administered Supplemental Security Income (SSI). SSI information is available through local welfare or social service agencies...

Author: /time Magazine | Title: Behavior: Where to Get Help | 6/2/1975 | See Source »

...that, some $3.8 billion of the regular federal income taxes that workers pay this year will go to underwrite a new Supplemental Security Income program (SSI). That system begins this week and will be run by the Social Security Administration, but paid for out of general revenues. The program is designed to replace and upgrade federal-state welfare payments for most needy aged, blind or disabled Americans who receive only minimal Social Security benefits, or none at all. More than 6,000,000 people are expected to be receiving SSI benefits this year. Though the program will not force...

Author: /time Magazine | Title: SOCIAL SECURITY: The Spreading Call for Change | 1/7/1974 | See Source »

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