How entitlement reform would affect the US Treasury
In the Congressional Budget Office’s (CBO) May 2022 baseline projections, which reflect the assumption that current laws governing taxes and spending generally remain unchanged, federal debt held by the public rises from 98 percent of gross domestic product (GDP) in 2022 to 110 percent of GDP in 2032 and 185 percent of GDP by 2052. …
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Read MoreThe entitlement programs have helped Americans for decades
Read MoreAn annual report says Medicare and Social Security are in trouble
Read MoreBeneficiaries would face reduced checks if Congress doesn’t act
Read MoreHow entitlement reform would affect the US Treasury
Read MoreA growing threat of insolvency has increased the political pressure
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