Browsing Tag
Congressional Budget Office (CBO)
5 posts
Social Security Trust Fund Now Projected to Run Dry in 2032: CBO
Updated forecast moves depletion date up a year, raising urgency for reform as retirees face potential benefit cuts over 20% without congressional action
Social Security Trust Funds will be Exhausted by FY 2034: CBO
Newly updated report finds funds may last an additional year, but still tracking toward a 23% benefit cut absent Congressional action
Social Security Benefits Need 23% Cut in 2034 Without Action: CBO
New report outlines scenarios while senior Treasury department official warns cuts would “decimate” retirees’ standard of living
Treasury Facing Heat on Overdue Social Security Trustees Report
The Social Security Act requires that trustees’ reports for the Social Security and Medicare trust funds be issued…
CBO Extends Timeline for Social Security Trust Fund Depletion
As we continue to wait for the 2021 annual report from the Trustees of the Social Security and…