Analysis & Indicators

Blog Post

Trust Fund Accounting Obscures Fiscal Problems of Social Security and Medicare

July 20, 2017
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 undue attention to the years in which the Social Security trust funds and the Medicare Hospital Insurance (HI) trust fund are projected to become insolvent.
In the News

K Street Ups Pressure for Congress to Raise Debt Limit

July 17, 2017
CQ Roll Call
Topics
Debt Limit
Discretionary Spending
Economy
Federal Budget

Lobbyist for financial services and business groups are putting more pressure on Congress to quickly raise the debt limit and fund the government “without drama,” according to a July 17 s

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Blog Post

Presidential Candidates Must Show More Fiscal Leadership

July 05, 2016

The federal deficit is rising. Social Security and Medicare need repairs, as does the tax code. Federal domestic investments are being squeezed and the nation’s debt is on an unsustainable course.

Yet so far the presidential candidates have not said much about these issues, according to Concord Coalition Executive Director Robert L. Bixby.

Blog Post

Hopes Fade for Better Budgeting This Year

June 28, 2016

The congressional budget process has run into even more trouble, with partisan rancor over guns and a sit-down protest by Democrats leading the House last week to start its July 4 recess early -- despite the tight time schedule Congress already had to approve spending bills for Fiscal 2017.

Congress so far has failed to send the President any of the 12 spending bills needed for the coming fiscal year, which starts Oct. 1. The House and Senate have longer summer recesses scheduled this year because of the political conventions.