Retirement
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Report
Options to Improve the Financial Condition of the Pension Benefit Guaranty Corporation’s Multiemployer Program
August 2, 2016 The pensions of some 10 million people are insured by the Pension Benefit Guaranty Corporation’s multiemployer program. CBO projects future claims on the program and losses to its beneficiaries and analyzes potential policy changes. -
Report
The 2016 Long-Term Budget Outlook
July 12, 2016If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years—reaching the highest level of debt relative to GDP ever experienced in this country.
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Report
CBO’s 2015 Long-Term Projections for Social Security: Additional Information
December 16, 2015Under current law, CBO projects, Social Security’s trust funds, considered together, will be exhausted in 2029. In that case, benefits in 2030 would need to be reduced by 29 percent from the scheduled amounts.
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Report
Social Security Policy Options, 2015
December 15, 2015CBO analyzes 36 policy options commonly proposed by policymakers and analysts. Most of them would improve Social Security’s long-term finances, but only a few would significantly postpone the combined trust funds’ exhaustion date.
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Report
Options for Reducing the Deficit: 2015 to 2024
November 20, 2014CBO periodically issues a compendium of options—this installment presents 79—to inform lawmakers about the budgetary effects of ways to reduce the deficit. The report has both interactive and printable formats.
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Report
Rising Demand for Long-Term Services and Supports for Elderly People
June 26, 2013By 2050, one-fifth of the U.S. population will be age 65 or older, up from 12 percent in 2000 and 8 percent in 1950. As a result, expenditures on long-term services and supports for the elderly will rise substantially in the coming decades.
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Report
Policy Options for the Social Security Disability Insurance Program
July 16, 2012The Disability Insurance program provided benefits to 8.3 million disabled workers in 2011. By 2022, CBO projects, the program will provide benefits to over 10 million disabled workers and spending on benefits will exceed $190 billion.