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Will The Administration Claim The Cost Of Fixing Social Security Rose $700 Billion Because Congress Did Not Act Last Year?
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Richard Kogan,
Robert Greenstein,
Jason Furman,
Center on Budget and Policy Priorities,
5/1/2006
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President Bush and other Administration officials often claim that delaying action on Social Security by “...just one year adds $600 billion [or $700 billion] to the cost of fixing Social Security.” Such claims may be repeated on May 1 when the Social Security Trustees release their annual report on the program’s finances. Such claims, however, are not accurate.
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Link to Report
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Price: Free
Ordering Information:
Center on Budget and Policy Priorities
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