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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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Social Security Trust Fund—February 2013 Baseline

data or technical information

February 5, 2013

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How Will Older People’s Participation in the Labor Force Be Affected by the Coming Increase in the Full Retirement Age for Social Security?

posted by Joyce Manchester on January 9, 2013

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As the Population Ages, Social Security’s Spending Is Projected to Outpace Its Tax Revenues

blog post

October 2, 2012


  • Supplemental Material

  • Supplemental Data for Long-Term Social Security Projections
  • blog post

related publications


  • Social Security Policy Options

    July 01, 2010

  • An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022

    August 22, 2012

  • The 2012 Long-Term Budget Outlook

    June 05, 2012

  • CBO's 2011 Long-Term Projections for Social Security: Additional Information

    August 05, 2011

  • Background Paper: CBO's Long-Term Model: An Overview

    June 26, 2009
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The 2012 Long-Term Projections for Social Security: Additional Information

report

October 2, 2012

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Supplemental Data for CBO's 2012 Long-Term Projections for Social Security

data or technical information

October 2, 2012

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  • May 2013 (2)
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CBO Releases Report on Policy Options for the Social Security Disability Insurance Program

blog post

July 16, 2012


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  • The Social Security Disability Insurance Program - Infographic

    July 16, 2012
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Policy Options for the Social Security Disability Insurance Program

report

July 16, 2012

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related publications


  • Policy Options for the Social Security Disability Insurance Program

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

image

July 16, 2012

read complete document  (pdf, 791 kb)

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Breakfast with Reporters

blog post

June 14, 2012


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CBO Testified on the Long-Term Budget Outlook

blog post

June 6, 2012


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