The Dollars and Cents of Gay Marriage

By Francis, David R. | The Christian Science Monitor, August 3, 2004 | Go to article overview

The Dollars and Cents of Gay Marriage


Francis, David R., The Christian Science Monitor


Gay marriage challenges society. It roils contemporary politics and raises moral objections for some. But on economists' screens, it barely registers.

That's because legalizing gay marriage isn't that costly in economic terms. In fact, research suggests it should save money for federal and state governments. And for corporate America, the costs of extending benefits to the partners and families of gay employees are small.

Did you ever wonder why more and more companies, state and municipal governments, and colleges and universities are granting benefits to gay workers' partners and children? One big reason: It's cheap. On average, it would add 1 percent - 2 percent tops - to employers' benefit costs, says Susan Sandler, editor of a newsletter, HRfocus, for the Institute of Management and Administration in New York.

Demographics partially explains this modest impact. More than 96 percent of firms would face no additional costs for healthcare benefits, largely because most businesses would not have an employee married to a same-sex partner. That figure comes from a study released by the Institute for Gay and Lesbian Strategic Studies, an Amherst, Mass., think tank, and Human Rights Campaign (HRC), a Washington group seeking equal rights for lesbians, gays, bisexuals, and transgender people. Large firms, with more than 500 employees, would see an average increase in costs of just under $25,000 per year on average.

Already, nearly 7,500 employers extend such benefits, the HRC reports. A new survey of 459 firms by the Society for Human Resource Management in Alexandria, Va., found 39 percent providing domestic- partner benefits.

As for the financial impact on the government, a Congressional Budget Office (CBO) study found that if gay marriage were allowed throughout the United States, it would "improve the [federal] budget's bottom line to a small extent: by less than $1 billion in each of the next 10 years." (That wouldn't make much of a dent in a deficit expected to exceed $400 billion this year.)

The CBO calculates that same-sex couples would boost Social Security spending, because the partner of a deceased worker would receive 100 percent of the worker's benefit. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

The Dollars and Cents of Gay Marriage
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.