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💰 The #SocialSecurity and #Medicare Trustees project the retirement and Hospital Insurance trust funds will both be insolvent in 2033. #DebtFacts

The official dynamic score says OBBBA will cost $432 billion MORE on a dynamic basis than under conventional scoring -- $3.4 trillion total. NO ONE half credible thinks OBBBA will pay for itself.

only 8 years until there is an automatic benefit cut to Social Security AND Medicare...

💰#SocialSecurity will become insolvent when today's 59-year-olds reach full retirement age, and when today's youngest retirees turn 70. #DebtFacts

📊No credible estimate finds the One Big Beautiful Bill Act (OBBBA) will pay for itself, as assumed in the budget resolution. 🔗crfb.org/blogs/obbba-wo….

📰 Record Debt Limit Increase Would Break Republican Precedent, via The New York Times Alan Rappeport “The most stunning thing is that this massive debt-ceiling increase would be paired with a massive increase in new borrowing, whereas in the past the pressure has been to couple them with

The Trustees are out with their annual reports on the #SocialSecurity and #Medicare programs. Questions? We'll help answer them. Join us Tuesday, 6/24 @ 1:30pm for a virtual event, ft. Social Security Chief Actuary Karen Glenn + CRFB experts. Register: crfb.org/events/checkin….

🚨On Saturday, JCT Congress released a score of the proposed Finance Committee title of the Senate reconciliation bill. Although JCT’s estimate shows the provisions would add $441 billion to the deficit over a decade, JCT was instructed to construct this estimate relative to a

🗓️ TOMORROW: Don't forget to join us tomorrow, June 24th at 1:30pm (via Zoom) for a timely check in on the financial state of the #SocialSecurity and #Medicare programs. w/ Social Security Chief Actuary Karen Glenn & CRFB experts Marc Goldwein, Mark Sarney, and Anna Bonelli

Let's be clear - the Senate tax proposals costs $4.2 trillion, NOT $441 billion. Don't fall for the bait and switch.