A Look At Our Future: Social Security and America's Long-term Fiscal Challenge
Download presentation [PDF] [TXT]
Table of contents
- A Look At Our Future: Social Security and America's Long-term Fiscal Challenge
- Composition of Federal Spending
- Federal Spending for Mandatory and Discretionary Programs
- Fiscal Year 2004 Deficit Numbers
- Surplus or Deficit as a Share of GDP Fiscal Years 1962-2004
- Estimated Fiscal Exposures (in $ trillions)
- Another Way to Think About These Numbers
- Composition of Spending as a Share of GDP Under Baseline Extended
- Composition of Spending as a Share of GDP Assuming Discretionary Spending Grows with GDP after 2005 and All Expiring Tax Provisions are Extended
- Current Fiscal Policy Is Unsustainable
- The Way Forward
- 21st Century Challenges Report
- Key Elements for Economic Security in Retirement
- GAO Criteria for Evaluating Social Security Reform Proposals
- Social Security and Medicare's Hospital Insurance Trust Funds Face Cash Deficits
- U.S. Elderly Dependency Ratio Expected to Continue to Increase
- U.S. Labor Force Growth Will Continue to Decline
- Key Dates Highlight Long Term Challenges of the Social Security System
- Different Measures, Same Challenge
- Personal Saving Rate Has Declined
- Pension System Faces Variety of Challenges
- Participation Rates in Employment-Based Retirement Plans Are Converging for Men and Women, but Only about Half Have Coverage
- Total Underfunding among All PBGC-Insured Single-Employer DB Plans
- PBGC's Net Accumulated Deficit Topped $23 Billion in 2004
- DB System Weaknesses Have Serious Implications for National Retirement Policy
- Several Reforms Might Improve Plan Funding and Reduce the Risks to PBGC's Long-term Viability
- Close