Disability Insurance
- Presentation
Comparing CBO’s Long-Term Projections With Those of the Social Security Trustees
Presentation by Julie Topoleski, Chief of the Long-Term Analysis Unit in CBO’s Health, Retirement, and Long-Term Analysis Division, to the Social Security Advisory Board.
- Report
Answers to Questions for the Record From Chairman Johnson Following a Hearing by the House Subcommittee on Social Security, Committee on Ways and Means, on the Comparison of CBO’s Long-Term Projections With Those of the Social Security Trustees
The House Ways and Means Subcommittee on Social Security convened a hearing at which CBO’s Director testified on financial shortfalls projected for Social Security. This document provides CBO’s answers to questions submitted for the record.
- Report
Testimony on Comparing CBO’s Long-Term Projections With Those of the Social Security Trustees
Both CBO and the Social Security Trustees project a shortfall in Social Security finances but they differ in their assessment of its magnitude. This testimony describes that difference and the major factors that contribute to it.
- Report
Social Security Disability Insurance: Participation and Spending
In 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.
- Blog Post
Corrections to CBO’s Analysis of Replacement Rates for Social Security
After questions were raised by outside analysts, we identified some errors in one part of our report, CBO’s 2015 Long-Term Projections for Social Security: Additional Information, which was released on December 16, 2015.
- Report
Testimony on CBO’s Budget and Economic Outlook: 2016 to 2026
CBO Director Keith Hall testifies about the Budget and Economic Outlook: 2016 to 2026 before the Committee on the Budget, U.S. House of Representatives.
- Presentation
The Budget Outlook for 2016 to 2026 in 19 Slides
This presentation of the budget outlook for the coming decade highlights the key findings from CBO’s report The Budget and Economic Outlook: 2016 to 2026, which was released in January.
- Report
CBO’s 2015 Long-Term Projections for Social Security: Additional Information
Under 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.
- Report
Social Security Policy Options, 2015
CBO 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.
- Cost Estimate
H.R. 1314, Bipartisan Budget Act of 2015
As reported by the House Committee on Rules on October 27, 2015. (See House Report 114-315.)