Working to find actionable solutions to the nation's key challenges.

Social Security, Medicare Finances Will Worsen with Inaction

Economy / Press Release October 11, 2017

Both programs face substantial, certain, and worsening financial challenges that grow more difficult to resolve with each additional year of delay.

Read More

A Guide to the 2017 Social Security and Medicare Trustees’ Reports

Economy / Research October 11, 2017

The public trustees for Social Security and Medicare have been essential to the oversight of program finances since the official positions were established in 1983.

Read More

An Issue for All Ages: Retirement in America

Economy / October 11, 2017 10:00 a.m. to 12:15 p.m. ET

The former public trustees of Social Security and Medicare trust funds will offer an assessment of the state of these important programs.

Read More

Harvey Raises Stakes on Debt Limit Debate

Shai Akabas, Tim Shaw, Jack Rametta / Blog September 5, 2017

Hurricane Harvey relief spending will have minimal effect on BPC’s “X Date” range, but the urgent need for funds raises the stakes for policymakers to come to a deal to extend the debt limit.

Read More

A Letter From the Former Public Trustees of Social Security and Medicare

Economy / Research July 14, 2017

Today, the ex officio trustees of the Social Security and Medicare trust funds released the 2017 annual reports on the financial conditions of the two programs. The trustees’ projections remain ominous for the financial future of the programs, with serious implications for millions of current and future program beneficiaries as well as taxpaying workers.

Read More

Trustees Reports Highlight Social Security, Medicare Trust Fund Challenges

Economy / Press Release July 13, 2017

The trustees for Social Security and Medicare today released their annual reports, providing an update on the financial conditions of the programs’ trust funds. The reports highlight the significant financial challenges that each program continues to face.

Read More

BPC Narrows “X-Date” Forecast to Early to Mid-October

Shai Akabas, Tim Shaw, Jack Rametta / Blog July 12, 2017

BPC has narrowed its projection window for the debt limit “X Date,” when the federal government would not be able to pay all its bills in full and on time, to early to mid-October. This projection parallels the one released recently by the Congressional Budget Office, which reached a similar conclusion.

Read More

Why this Social Security budget nightmare must be resolved now

Economy / News July 10, 2017

It is difficult to imagine any bipartisan solution that will not require some balance of increased taxes and, at least for some, moderation of benefit growth.

Read More

The Financial Future of Social Security and Medicare

Tim Shaw, Jack Rametta / Blog June 22, 2017

In total, the federal government spent nearly $1.5 trillion on Social Security and Medicare in 2016, and their current and future financial status is of the utmost importance.

Read More

The Upcoming Social Security and Medicare Trustees’ Reports: A Preview

Economy / Research June 22, 2017

It has helped immeasurably that the two public trustees have generally striven to operate as a bipartisan team, rather than dividing to offer competing partisan perspectives.

Read More