CongressionalBudgetOffice

Social Security's Failing Even Faster Than We Thought

Last year, the Social Security Administration warned that the program's trust fund was likely run out of money in 2036, leading to deep cuts in benefits. Now, the Congressional Budget Office says that projection may have been too optimistic.

Social Security Disability Is in Deep Trouble

There's trouble ahead for Social Security disability recipients: A new analysis says the fund will begin to run out of money in 2017 as more and more baby boomers enter retirement.

Debt Hawks, Take Your Own (Virtual) Axe to the Budget

Think you can do better than Congress in coming up with a balanced U.S. budget? Several smartphone apps let you play along with all the fiscal fun happening in Washington. Raise taxes on market speculators? Cut spending on social services? You decide, and these apps will show you the results.