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Policy Note: According to NCPA research, Social Security and Medicare have made future promises
far in excess of tax revenues that will be collected at current tax rates. This
means that in order to ensure the government will keep all its promises, we need to
have $50 trillion on hand right now, invested at a rate of return of about 6
percent.
FEATURE PUBLICATION: NCPA Study 263:How Large Is the Federal Government's Debt?
Other Publications:
NCPA Study 261:Reforming Medicare
NCPA Study 247: Government Spending on the Elderly: Social Security and
Medicare
NCPA Study 246: Is War Between Generations Inevitable?
Click Here for more NCPA publications on Social Security.
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