Joint Economic Committee Democrats
Social Security Charts
Chart 3.1
Last updated 7/6/06
Download this chart in PDF
-
The Congressional Budget Office and Social Security’s Office of the Chief Actuary agree that Social Security can continue to pay full benefits for many years.
-
Social Security expenditures will exceed dedicated tax revenue starting in 2017 (2019 according to CBO).
-
The Social Security Trust Fund will be able to pay full benefits until 2040 (2046 according to CBO).
-
Even after 2040/2046, Social Security will still be able to pay 70 to 80 percent of scheduled benefits from annual tax revenues.
|