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Alas, we have the system we have for now and it’s on the ropes thanks to demographic pressures and mismanagement of the ...
The Social Security trust fund for retirees is projected to become insolvent in 2033. But that cliff is expected to arrive ...
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits. Here’s what you need to know.
A universal benefit would leave employees with more to invest and shore up the system, a new Cato report finds.
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The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed to ...
Romina Boccia, the Cato Institute’s director of budget and entitlement policy, said the acceleration of Social Security’s insolvency is significant, even if it’s just by a few quarters.
"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with ...
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending shortfall, ...
Romina Boccia, the director of budget and entitlement policy at the libertarian-leaning Cato Institute, said the Congressional Budget Office forecast for the bill’s deficit impact is only ...
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