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Social Security

Social Security is the single largest federal program, with outlays of $768 billion in fiscal year 2012. The program has two parts. The Old-Age and Survivors Insurance program pays benefits to retired workers and to their dependents and survivors, and the Disability Insurance program pays benefits to disabled workers and to their spouses and survivors. Social Security benefits are financed by a payroll tax on current workers, half paid by the worker and half paid by the employer. CBO regularly examines various possible changes to Social Security outlays or receipts.
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H.R. 807, Full Faith and Credit Act

cost estimate

April 26, 2013

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Differences Between the Traditional CPI and the Chained CPI

posted by Rob McClelland on April 19, 2013

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How Does Growth in the Cost of Goods and Services for the Elderly Compare to That for the Overall Population?

posted by David Brauer & Noah Meyerson on April 19, 2013

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  • Related Documents

  • Indexing with the Chained CPI-U for Tax Provisions and Federal Programs
  • Blog Post: CBO Testifies on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation
  • Blog Post: What Would Be the Effect on the Deficit of Using the Chained CPI to Index Benefit Programs and the Tax Code?

related publications


  • Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code

    February 24, 2010
  • Explaining the Consumer Price Index

    June 20, 2007
  • Social Security Trust Fund—February 2013 Baseline

    February 05, 2013
  • The 2012 Long-Term Projections for Social Security: Additional Information

    October 02, 2012
  • Reducing the Deficit: Spending and Revenue Options

    March 10, 2011
  • Social Security Policy Options

    July 01, 2010
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Testimony on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation

report

April 18, 2013

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  • September 2012 (6)
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CBO Testifies on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation

posted by Jeffrey Kling on April 18, 2013

monthly archive

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What Would Be the Effect on the Deficit of Using the Chained CPI to Index Benefit Programs and the Tax Code?

posted by Emily Stern on April 18, 2013

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CBO Testifies on the Social Security Disability Insurance Program

posted by Joyce Manchester on March 14, 2013

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related publications


  • Policy Options for the Social Security Disability Insurance Program

    July 16, 2012
  • The Social Security Disability Insurance Program - Infographic

    July 16, 2012
  • Social Security Disability Insurance: Participation Trends and Their Fiscal Implications

    July 22, 2010
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Testimony on the Social Security Disability Insurance Program

report

March 14, 2013

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Social Security Disability Insurance—February 2013 Baseline

data or technical information

February 5, 2013

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Social Security Old-Age and Survivors Insurance—February 2013 Baseline

data or technical information

February 5, 2013

read complete document  (pdf, 224 kb)

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