| Description |
1 online resource (xii, 53 pages) : illustrations. |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
| Series |
A CBO study |
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CBO study.
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| Note |
Title from title screen (viewed on Aug. 6, 2010). |
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"The study was written by Noah Meyerson, Charles Pineles-Mark, and Michael Simpson of CBO's Health and Human Resources Division"--Preface. |
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"July 2010." |
| Bibliography |
Includes bibliographical references. |
| Contents |
Summary -- Introduction -- Assessing options for changing social security -- Options that would change the taxation of earnings -- Options that would change the benefit formula -- Options that would increase benefits for low earners -- Options that would raise the full retirement age -- Options that would reduce cost-of-living adjustments -- Appendix: Distributional effects of options with similar effects on the system's finances -- Glossary. |
| Summary |
"Social Security is the federal government's largest single program, and as the U.S. population grows older in the coming decades, its cost is projected to increase more rapidly than its revenues. As a result, under current law, resources dedicated to the program will become insufficient to pay full benefits in 2039, the Congressional Budget Office (CBO) projects. Long-run sustainability for the program could be attained through various combinations of raising taxes and cutting benefits; such changes would also affect the Social Security taxes paid and the benefits received by various groups of people. This CBO study examines a variety of approaches to changing Social Security, updating an earlier work, Menu of Social Security Options, which CBO published in May 2005. In keeping with CBO's mandate to provide objective, impartial analysis, the current study makes no recommendations."--Preface. |
| Subject |
Social security -- United States -- Finance.
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Retirement income -- United States.
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Retirement income. (OCoLC)fst01096344
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Social security -- Finance. (OCoLC)fst01123106
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United States. (OCoLC)fst01204155
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| Added Author |
Pineles-Mark, Charles.
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Simpson, Michael (Michael Scott)
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United States. Congressional Budget Office.
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| Other Form: |
Print version: Meyerson, Noah. Social security policy options. xii, 53 p. (OCoLC)649429017 |
| Standard No. |
LEGAL /p266901coll4 CNTNT |
| Gpo Item No. |
1005-C (online) |
| Sudoc No. |
Y 10.2:SO 1/8 |
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