Social Security Faces Serious Financial Shortfalls, and Other Takeaways from the Trustees Report
Without reform, the Social Security Trust Funds will soon be depleted and unable to pay full benefits.
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Without reform, the Social Security Trust Funds will soon be depleted and unable to pay full benefits.
The President’s budget for fiscal year 2022 calls for a large increase in nondefense discretionary spending next year as well as substantial spending for infrastructure and social programs over the upcoming decade.
With a new Congress and president in place, a number of important fiscal and economic policy issues have come to the forefront in January.
https://www.pgpf.org/blog/2017/01/this-month-in-fiscal-review-healthcare-taxes-and-debt
To illuminate what the latest economic indicators mean, connect the dots, and discuss how CBO analysis helps policymakers, CBO Director Phillip Swagel joined Peterson Foundation CEO Michael Peterson for the latest Economic Forum.
This year’s report demonstrates why lawmakers should focus their attention toward improving our nation’s debt path as soon as possible.
https://www.pgpf.org/blog/2019/07/why-the-2019-long-term-budget-outlook-is-more-bad-news
The nonpartisan Congressional Budget Office (CBO) released its 2019 Long-Term Budget Outlook, highlighting the significant fiscal challenges facing our nation.
https://www.pgpf.org/blog/2019/06/five-key-takeaways-from-the-cbo-long-term-outlook
The report highlights the structural misalignment in the country’s budget and the resulting unsustainable fiscal trajectory.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Addressing our nation's fiscal challenges is essential to building an economic future.This and other ideas are laid out in Pete Peterson’s latest book.
https://www.pgpf.org/blog/charting-a-new-course-for-americas-economic-future
The Peterson Foundation has prepared analysis based on those reports, illustrating the key data points with pertinent chart information.
https://www.pgpf.org/blog/2015-social-security-medicare-trustees-reports-charts-and-analysis