GET INVOLVED
Blog Posts on social security
-
Tuesday, March 26, 2013 - 11:22 AMMost plans to put the federal budget on a more sustainable path make a crucial assumption: That today’s younger workers will pay more of their own retirement costs than previous generations have. By setting aside more money for retirement, the thinking goes, these younger workers can enable the federal government to reduce the high projected... Read More
social security Indicators
Percent of Americans 65+
« Back To Indicators
The graph below demonstrates that the American population is is changing in composition as the Baby Boomer generation reaches old age while younger Americans are having fewer children. The result is that a greater percentage of the population relies on Social Security and Medicare while a small percentage of the population are paying taxes to support the programs.
Social Security and Medicare Trustees’ Report, 2011
About the Issue
-
Social Security, established in 1935, is the federal government’s largest program. It represents approximately one-fifth of the federal budget and...