#Social Security

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Federal budget projections are already quite alarming, with the national debt high by historical standards and rising rapidly. The fiscal picture looks even worse, however, if one takes into account federal insurance programs and other activities that transfer financial risks…


The slowing growth of the U.S. population, detailed in a recent report by the Census Bureau and an analysis from the Brookings Institution, presents the country with some difficult fiscal and economic challenges. The Census Bureau estimates that the country’s…


The Treasury Department’s final report for Fiscal Year 2018, showing a 17 percent ($113 billion) jump in the deficit, has drawn new attention to the nation’s worsening fiscal position and injected the issue into the midterm congressional campaigns. The sobering…


Social Security benefits for more than 67 million Americans will increase 2.8 percent next year, the federal government announced yesterday. The increase, which is tied to the government’s Consumer Price Index (CPI), is the highest in seven years. While older Americans…


With congressional elections two months away, voters are hearing a great deal from the candidates about the high priority that Americans place on their children and the nation’s future. The lofty rhetoric on this subject, however, is hard to square…


When politicians start talking about spending cuts, they can be quick to focus on a group of federal programs -- often described loosely as “welfare” -- that provides benefits to individuals and families based on need. These and some other…


Uncle Sam just got a fiscal health check-up from the Government Accountability Office (GAO) and it didn’t go well. The patient should be alarmed. So should the American taxpayer. “The Congress and administration face serious economic, security, and social challenges…


WASHINGTON -- The Concord Coalition said today that this year’s reports from the Social Security and Medicare trustees again show that these programs need substantial reforms to put them on sustainable paths without squeezing other national priorities out of the…


The 2018 Social Security and Medicare Trustees’ Reports are expected to be released within the next few weeks. In anticipation of this, two former public trustees have issued a preview that includes a list of items to watch for. Charles…


Congress and the Trump administration could save tens of billions of dollars by acting to improve efficiency and effectiveness in dozens of federal programs that range from Medicare to military purchasing to storage of radioactive waste, according to the Government…


Every year the trustees of Social Security and Medicare issue detailed reports on the financial status of these programs. While the trustees’ reports consistently warn that both programs face serious shortfalls, the urgency of this warning is often undercut by…


Social Security is the largest program in the federal budget, accounting for almost 24 cents out of every dollar spent by the government in 2016. The program consists of two main components: Old Age and Survivors Insurance, which provides benefits…

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