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Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for July 2024.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-july-2024
There have been a number of proposals to increase, eliminate, or otherwise adjust the payroll tax cap as a way to shore up Social Security’s finances.
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
https://www.pgpf.org/analysis/social-security-medicare-trustees-reports
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
https://www.pgpf.org/blog/2024/05/social-security-and-medicare-are-facing-serious-shortfalls
Discretionary spending is projected to stay below its historical share of GDP.
https://www.pgpf.org/chart-archive/0177_discretionary_low_levels
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2024.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2024
Here are the pros and cons for three approaches to increasing funds dedicated to Social Security.
https://www.pgpf.org/blog/2024/07/social-security-reform-options-to-raise-revenues
The number one financial worry for Americans is having enough money for retirement — and for good reason.
https://www.pgpf.org/blog/2016/06/six-challenges-to-retirement-security