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

CBO Warns of Rising Federal Deficits and Debt

January 20, 2016

New projections from the Congressional Budget Office (CBO) show the federal deficit rising this year for the first time since 2009 and the government sinking deeper into debt over the next decade.

“Budget projections have turned a corner again, and this time it’s for the worse,” said Robert L. Bixby, executive director of The Concord Coalition. He said the CBO numbers “clearly demonstrate that recent legislation combined with the relentless fiscal pressures of an aging population add up to steadily rising debt from this point forward.”