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Retired workers make up 70 percent of Social Security beneficiaries.
https://www.pgpf.org/chart-archive/0243_oasdi-beneficiary-percentages
Based on the Trustees’ projections, combined Social Security benefits could be cut by 20 percent in 2035 without legislative action
https://www.pgpf.org/chart-archive/0246_social-security-20-percent-cut
As the population ages, fewer workers will be paying taxes to support each Social Security beneficiary.
https://www.pgpf.org/chart-archive/0004_worker-benefit-ratio
Social Security will run a cumulative cash deficit of $2.9 trillion between now and 2035.
https://www.pgpf.org/chart-archive/0030_social-security-deficits-gdp
The Peter G. Peterson Foundation today announced that it will air a series of informational ads as part of its broadcast sponsorship of the October 11 Bloomberg/Washington Post Republican Presidential Debate to raise voter awareness about the nation’s fiscal and economic issues.
https://www.pgpf.org/press-release/foundation-tv-radio-online-ads
The Peter G. Peterson Foundation announced today that it will be the exclusive broadcast sponsor of the Bloomberg/Washington Post Republican Presidential Debate, to be held on Tuesday, October 11th at Dartmouth College in Hanover, New Hampshire.
The nation’s schools teachers feel ill-prepared to teach basic federal budget terms and engage students in public policy questions to promote active citizenship.
The aging of the baby boom generation will boost the number of Americans age 65 and older.
The Administration uses rosy economic assumptions.
https://www.pgpf.org/chart-archive/0268_rosy_economic_assumptions