CBO's Long-Term Social Security Projections: Changes Since 2017 and Comparisons With the Social Security Trustees' Projections

Congressional Budget Office

No 54711, Reports from Congressional Budget Office

Abstract: Each year, CBO updates its projections of the Social Security system’s finances. Compared with projections made in June 2017, the agency’s latest projections indicate a slight improvement in the financial outlook for Social Security. The projected 75-year actuarial balance remains at −1.5 percent of gross domestic product (that is, a deficit of 1.5 percent). As a percentage of taxable payroll, the projected actuarial balance has improved slightly from −4.5 percent to −4.4 percent. CBO also compares its projections with those of the Social Security Trustees.

JEL-codes: H55 H60 H68 J26 (search for similar items in EconPapers)
Date: 2018-12-03
New Economics Papers: this item is included in nep-age and nep-pbe
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cbo.gov/system/files/2018-12/54711-SSProjections-Dec2018.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:54711

Access Statistics for this paper

More papers in Reports from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by (communications@cbo.gov).