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Category: Social Security Insolvency

Experts say Social Security has successfully weathered COVID, but Americans are more pessimistic about their future benefits

July 12, 2021

Despite early 2020 projections by groups such as the Congressional Budget Office, a senior policy analyst at the Center on Budget and Policy Priorities…

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Chief Actuary releases updated Social Security valuation given COVID economic impact

December 30, 2020

“Historically, we have used the most recent Trustees Report’s intermediate projection as our baseline for evaluation of legislative proposals until the next Trustees Report…

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CBO reports the Social Security will exhaust funds by 2031

September 8, 2020

The Congressional Budget Office has released its September 2020 outlook report for major federal trust funds, factoring unemployment data since the beginning of the…

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Social Security is NOT Congress’ Rainy Day Fund

July 28, 2020

The past several years, we’ve seen an alarming legislative trend: Asking young Americans to trade their future Social Security benefits for repaying their student…

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