Testimonies and Speeches
The NCPA has a highly effective office in Washington, D.C. that sponsors Capitol Hill briefings, conferences and testimony by NCPA experts before congressional committees. The NCPA serves as a source of "outside the Beltway" thinking for Capitol Hill deliberations.
Mar 09, 2005
There is inherent uncertainty in projecting the future and especially the far-distant future. But using the best information and methods available, the Trustees, the Congressional Budget Office, and most private forecasters all project cash flow deficits for Social Security beginning in little more than a decade and growing worse thereafter for the indefinite future because of the demographic changes we have noted. The reason to act soon is to avoid the forced necessity of more precipitous action later.
Feb 17, 2005
By 2024 Medicare spending is expected to exceed Social Security spending and the differential will continue to escalate thereafter. Here I discuss several ways to assess the current and future status of Medicare as it pertains to the Federal budget.