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Social Security: Past Projections and Future Financing Concerns

HRD-86-22 Published: Mar 11, 1986. Publicly Released: Mar 11, 1986.
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Highlights

Pursuant to a congressional request, GAO reviewed the past and current projections for the Old Age and Survivors Insurance (OASI) trust fund, specifically the important assumptions underlying the revenue and spending projections that determine the trust fund balance.

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Federal social security programsFunds managementFuture budget projectionsProgram managementTrust fundsYearend spendingPayroll recordsAid for the elderlyBudget deficitTaxes