Disability Insurance
- Report
Changes to CBO’s Long-Term Social Security Projections Since 2016
This report explains the changes to CBO’s long-term Social Security projections since last year. Compared with those made in July 2016, CBO’s latest projections indicate a slight improvement in the financial outlook for Social Security.
- Cost Estimate
H.R. 3120, a bill to amend title XVIII of the Social Security Act to reduce the volume of future electronic health record-related significant hardship requests
As ordered reported by the House Committee on Energy and Commerce on October 4, 2017
- Report
Testimony on CBO’s Budget and Economic Outlook: 2017 to 2027
CBO Director Keith Hall testifies about CBO’s report The Budget and Economic Outlook: 2017 to 2027 before the House Budget Committee.
- Report
CBO’s 2016 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
Answers to Questions for the Record From Ranking Member Becerra Following a Hearing by the House Ways and Means Subcommittee on Social Security on Understanding Social Security’s Solvency Challenge
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.
- 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.