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Dangers of Debt: How Our Fiscal Outlook Threatens The Economy
This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
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Analysis
May 1, 2019
Social Security and Medicare Trustees Reports
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
https://www.pgpf.org/analysis/social-security-medicare-trustees-reports
Analysis
Apr 30, 2019
Trustees Warn: Social Security’s Total Costs Next Year to Exceed Income for First Time Since 1982
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
Analysis
Jul 9, 2018
Trustees Warn: Social Security’s Total Costs to Exceed Income for First Time Since 1982
The report projects that in 2018 — for the first time since 1982 — the program’s total costs will exceed its total income.
Analysis
Aug 31, 2017
The Macroeconomic Gains from Stabilizing and Reducing Federal Debt
By making gradual changes to federal spending and revenue, lawmakers can not only stabilize our fiscal outlook, but provide long-run economic benefits for American families (in terms of real GNP growth) without inflicting undue damage on the U.S. economy in the near term.
Analysis
Jul 13, 2017
Trustees Warn: Social Security in Financial Trouble
As the large baby boom generation enters retirement and Americans continue to enjoy longer lifespans, more and more individuals will collect benefits from the system and for longer periods, while relatively fewer workers will contribute taxes to support it.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble
Analysis
Jun 29, 2017
CBO: Unsustainable Deficits Threaten Future Economic Growth
On our current path, CBO projects that deficits will reach $1.0 trillion by 2022 and total $10.1 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/06/cbo-unsustainable-deficits-threaten-future-economic-growth
Analysis
Jun 22, 2016
Trustees Warn: Social Security in Financial Trouble
The combined Social Security trust funds are projected to be fully depleted by 2034 — just 18 years from now.
https://www.pgpf.org/analysis/2016/06/trustees-warn-social-security-in-financial-trouble
Analysis
Jul 23, 2015
Trustees Warn: Social Security Faces Major Imbalances
Policymakers should work together to stabilize and strengthen this important program for generations to come.
https://www.pgpf.org/analysis/trustees-warn-social-security-faces-major-imbalances
Analysis
Jul 30, 2014
Social Security Faces Major Financial Challenges
The combined Old Age and Survivors’ Insurance and Disability Insurance Trust Funds, commonly referred to as the “Social Security Trust Funds,” will be fully depleted by 2033.
https://www.pgpf.org/analysis/social-security-faces-major-financial-challenges