Social Security
- Report
Testimony on Social Security’s Finances
CBO’s Director, Phillip Swagel, testifies about the agency’s projections of Social Security’s finances before the Senate Budget Committee.
- Report
CBO’s 2023 Long-Term Projections for Social Security
In CBO’s projections, spending for Social Security increases relative to GDP over the next 75 years, and the gap between outlays and revenues widens. If combined, the program’s trust funds would be exhausted in fiscal year 2033.
- Report
The 2023 Long-Term Budget Outlook
The U.S. faces a challenging fiscal outlook in the coming years, according to CBO's projections. Measured as a percentage of GDP, large and sustained deficits lead to high and rising federal debt that exceeds any previously recorded level.
- Cost Estimate
H.R. 1843, the Telehealth Expansion Act of 2023
As ordered reported by the House Committee on Ways and Means on
June 7, 2023 - Cost Estimate
H.R. 3667, the Social Security Child Protection Act of 2023
As ordered reported by the House Committee on Ways and Means on
June 7, 2023 - Cost Estimate
H.R. 3784, the Improving Social Security’s Service to Victims of Identity Theft Act
As ordered reported by the House Committee on Ways and Means on
June 7, 2023 - Cost Estimate
H.R. 3796, a bill to provide for the extension of taxes funding the Airport and Airway Trust Fund and to require the designation of certain airports as ports of entry
As ordered reported by the House Committee on Ways and Means on
June 7, 2023 - Cost Estimate
H.R. 3797, the Paperwork Burden Reduction Act
As ordered reported by the House Committee on Ways and Means on
June 7, 2023 - Cost Estimate
H.R. 3798, the Small Business Flexibility Act
As ordered reported by the House Committee on Ways and Means on
June 7, 2023 - Cost Estimate
H.R. 3799, the Custom Health Option and Individual Care Expense Arrangement Act
As ordered reported by the House Committee on Ways and Means on
June 7, 2023