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CBOs 2014 Long-Term Projections for Social Security: Additional Information
CBOäó»s 2014 Long-Term Projections for Social Security: Additional Information
 
Our Price: $20.00
By Geena Kim (au)
Year: 2014
Pages: 31
Binding Paperback
ISBN 978-1-4578-6586-2

Product Code: 1457865866

Description
 
Social Security is the federal governments largest single program. In FY 2014, spending for Social Security benefits totaled $840 billion, or almost one-quarter of federal spending; Old-Age and Survivors Insurance (OASI) payments accounted for about 83% of those outlays, and Disability Insurance (DI) payments made up about 17%. Each year, the Congressional Budget Office (CBO) prepares long-term projections of revenues and outlays for the program. The most recent set of 75-year projections was issued in July 2014. Those projections generally reflect current law, following CBOs 10-year baseline budget projections through 2024 and then extending the baseline concept for the rest of the long-term projection period. This report presents additional information about those projections. Figures and tables. This is a print on demand report.

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