On October 22, the Committee for a Responsible Federal Budget hosted Saving the Trust Funds: New Solutions for Social ...
Social Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust funds are nine years from running out.
The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...
With our national debt currently at 100 percent of Gross Domestic Product (GDP), America has never entered any kind of ...
It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an unprecedented $38 trillion in gross national debt; that we’ll likely hit the next ...
The United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department. This deficit is similar to last year’s, despite an ...
Social Security is the single largest federal spending program, providing cash benefits to 60 million seniors, disabled workers, and family members. Yet with life expectancy growing and millions of ...
The next few years will include several predictable fiscal policy deadlines, as various policies take effect, expire, or change. Many of the deadlines could bring additional costs if Congress acts ...
The Social Security and Medicare Trust Funds are only seven years from insolvency, at which point the law calls for deep across-the-board cuts in benefits. Please join us for a wide-ranging discussion ...