CBO’s Long-Term Social Security Projections: Changes Since 2018 and Comparisons With the Social Security Trustees’ Projections

Congressional Budget Office

No 55914, Reports from Congressional Budget Office

Abstract: Each year, CBO updates its projections of the Social Security system’s finances. CBO’s latest projections of the Social Security system’s financial outlook are similar to those it produced last year. The projected 75-year actuarial balance remains at −1.5 percent of gross domestic product. As a percentage of taxable payroll, the projected actuarial balance worsened slightly from −4.4 percent to −4.6 percent.

JEL-codes: H50 H55 H60 H68 J26 (search for similar items in EconPapers)
Date: 2019-12-12
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