Policy · 116th Congress
Coronavirus economy drains Social Security, Medicare coffers
And Medicare’s Hospital Insurance trust fund would run out of money by 2026, at which point it would be able to cover only 90 percent of incurred costs.
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29 results for "2026-2026"
Congress · 116th Congress
No change in Social Security, Medicare finances, for now
Medicare’s Hospital Insurance Trust Fund will run out of money in 2026, the same as was projected last year, according to the new report.
Congress · 116th Congress
CBO: US debt growth is slowing, but is still headed for record highs
leaders, White House fall short on spending deal] The CBO also noted that if Congress passes a budget deal that raises the spending caps in fiscal 2020 or does not let individual tax cuts expire in 2026
Congress · 116th Congress
GOP conservatives sharpen knives for spending fight
Likewise, Medicare trustees said their Hospital Insurance Trust Fund will be depleted by 2026 when it will be able to cover just 89 percent of its obligations, a figure that is projected to drop to 77
Politics · 115th Congress
Record Debt Pile by 2029 if Tax Cuts, Budget Deal Extended, CBO Says
House Republicans are planning to push legislation later this year to extend the individual income tax cuts beyond 2026, though the Senate has thus far taken a dim view of the proposals.
Policy · 115th Congress
CBO: US Debt Burden Set to Break Record in Early 2030s
Under current law, revenue is projected to be relatively flat over the next few years in relation to GDP, rise slowly and then jump in 2026 after certain tax cuts expire.
Politics · 115th Congress
Medicare Finances Worsen but Social Security Projections Stable
But a separate report for Medicare paints a somewhat bleaker outlook for the giant health program for seniors and people with disabilities, estimating that its hospital trust fund will dry up in 2026 —
An Old Saw’s New Twist: Death (of the Deficit Hawks) and Taxes
lot of this is a gimmick” in pointing to the bill’s expiration dates for some of the lower rates, which were written to hold down the short-term cost but will prove politically tough to stick with come 2026
Opinion · 114th Congress
Rising Interest on America’s Debt Threatens Our National Defense and Our Future
By 2026, the CBO projects that the annual cost of interest on the national debt will reach $830 billion, well over three times what the cost is for this fiscal year.