Social Security
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Report
Social Security Disability Insurance: Participation and Spending
June 15, 2016In 2015, Social Security Disability Insurance (DI) benefit payments totaled $143 billion. CBO examines approaches that could improve the financial sustainability of the DI program and delay exhaustion of the DI trust fund past 2022.
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Report
CBO’s 2015 Long-Term Projections for Social Security: Additional Information
December 16, 2015Under current law, CBO projects, Social Security’s trust funds, considered together, will be exhausted in 2029. In that case, benefits in 2030 would need to be reduced by 29 percent from the scheduled amounts.
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Report
Social Security Policy Options, 2015
December 15, 2015CBO analyzes 36 policy options commonly proposed by policymakers and analysts. Most of them would improve Social Security’s long-term finances, but only a few would significantly postpone the combined trust funds’ exhaustion date.
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Report
Options for Reducing the Deficit: 2015 to 2024
November 20, 2014CBO periodically issues a compendium of options—this installment presents 79—to inform lawmakers about the budgetary effects of ways to reduce the deficit. The report has both interactive and printable formats.