,75-Year Pay-As-You-Go Proposal Could Adversely Affect Social Security, Medicare, SSI, Veterans’ Disability, and Other Programs

75-Year Pay-As-You-Go Proposal Could Adversely Affect Social Security, Medicare, SSI, Veterans’ Disability, and Other Programs


 

Publication Date: June 2004

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Richard Kogan; Robert Greenstein

Research Area: Banking and finance; Government

Keywords: Federal budget; Fiscal future; Economic projections

Type: Report

Abstract:

When budget process legislation comes to the House floor later this month, an amendment may be offered by a group of conservative Members that would have adverse effects on Social Security, Medicare, veterans disability compensation, the Supplemental Security income program for the elderly and disabled poor, health and retirement programs for federal civilian and military personnel, and ultimately Medicaid and some other entitlements. This proposal would be in addition to a proposal to place a “cap” on overall entitlement spending.