Social Security is facing a potential financial crisis that could impact millions of Americans who rely on these benefits for ...
The program's total costs became higher than its total income in 2021, but its costs have been higher than the trust funds' non-interest income since 2010. This means the program is currently ...
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to ...
The Social Security Administration says it may run out of money. Options to avoid this include reducing benefits paid to ...
According to the Congressional Budget Office (CBO), the Social Security Old-Age and Survivors Insurance (OASI) trust fund ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Social Security will still exist after 2035, according to the report. But without congressional action ... according to the Center on Budget and Policy Priorities. In addition to meeting its ...
President Donald Trump has frozen $3 trillion in federal funds until his administration completes a full spending review.