Long-Term Budget Analysis

  • 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.

  • Report

    Answers to Questions From Senator Hatch About Various Options for Payroll Taxes and Social Security

    CBO examined the implications of various approaches to altering the Social Security payroll tax rates as well as the taxable maximum (the maximum amount of earnings on which those payroll taxes are imposed).

  • Report

    Choices for Deficit Reduction: An Update

    Federal debt is projected to rise significantly over the long term. What policy changes could reduce future deficits and thus lower the trajectory of federal debt? What criteria might be used to evaluate those policy changes?

  • Report

    Social Security Policy Options

    CBO anticipates that starting in 2016, if current laws remain in place, the program's annual spending will regularly exceed its tax revenues.