Social security policy options /
"Social Security is the federal government's largest single program, and as the U.S. population grows older in the coming decades, its cost is projected to increase more rapidly than its revenues. As a result, under current law, resources dedicated to the program will become insufficient t...
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| Format: | Government Document eBook |
| Language: | English |
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[Washington, DC] :
Congress of the United States, Congressional Budget Office,
[2010]
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| Series: | CBO study.
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| Online Access: | https://purl.fdlp.gov/GPO/LPS124981 |
| Summary: | "Social Security is the federal government's largest single program, and as the U.S. population grows older in the coming decades, its cost is projected to increase more rapidly than its revenues. As a result, under current law, resources dedicated to the program will become insufficient to pay full benefits in 2039, the Congressional Budget Office (CBO) projects. Long-run sustainability for the program could be attained through various combinations of raising taxes and cutting benefits; such changes would also affect the Social Security taxes paid and the benefits received by various groups of people. This CBO study examines a variety of approaches to changing Social Security, updating an earlier work, Menu of Social Security Options, which CBO published in May 2005. In keeping with CBO's mandate to provide objective, impartial analysis, the current study makes no recommendations."--Preface. |
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| Item Description: | Title from title screen (viewed on Aug. 6, 2010). "The study was written by Noah Meyerson, Charles Pineles-Mark, and Michael Simpson of CBO's Health and Human Resources Division"--Pref. "July 2010." Electronic resource. |
| Physical Description: | 1 online resource (xii, 53 pages) : illustrations |
| Bibliography: | Includes bibliographical references. |