Fun Fact of the Day, December 19, 2019

December 19, 2019

The Next Ten-Year Guess - Actual Social Security outlays for fiscal year 2019, i.e., the 12 months ending 9/30/19, were $988 billion, 24% of the nation’s total outlays of $4.1 trillion.  In August 2019, the Congressional Budget Office projected that Social Security outlays for fiscal year 2029 will be $1.82 trillion, 26% of the nation’s estimated outlays of $7.0 trillion for fiscal year 2029 (source: Congressional Budget Office).  Reprinted with permission from BTN. 

 

 

 

 

 

 

 

 

 

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