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

Talks on Spending Plan, Tax Breaks Drag On

December 08, 2015

With stopgap legislation set to expire on Friday, lawmakers are continuing to work on overdue spending plans for the rest of the fiscal year that began Oct. 1.

There had been hopes that a proposed agreement might be announced Monday, but they proved premature. Neither the White House nor congressional leaders and negotiators sounded particularly upbeat on Monday, with House Majority Leader Kevin McCarthy saying the House might be kept in session through next weekend.