Thank you for sharing!

Your article was successfully shared with the contacts you provided.
By 2047, debt will be 150 percent of GDP, a prospect that will pose “substantial risks for the nation,” the CBO says in its report. (Photo: Getty)

The Congressional Budget Office says the country’s debt-to-revenue ratio will double over the next 30 years, thanks in large part to Social Security and Medicare obligations to retiring baby boomers.

Nick Thornton


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.