See: https://www.cbo.gov/publication/61492
The main thing I care about is GDP projections, so what does this report say? The numbers are in trillions.
Year GDP ==== ==== 2025 30.4 2026 31.6 2027 32.8 2028 34.1 2029 35.4 2030 36.7 2031 38.2 2032 39.6 2033 41.2 2034 42.7 2035 44.4 2036 46.0 2037 47.7 2038 49.5 2039 51.3 2040 53.2 2041 55.2 2042 57.2 2043 59.2 2044 61.3 2045 63.5 2046 65.7 2047 68.0 2048 70.4 2049 72.9 2050 75.4These are less positive than the numbers I previously forecast, but I think these are the ones to use, the next time I revise my doom and gloom report.
Oh, one more thing, the report distinguishes between scheduled and payable benefits (on page 5), with 2035 being the year that benefits can't be fully paid. I assume that benefits will be paid as scheduled. These are the years where there is a difference, through 2050.
Year Sched Payable ==== ==== ==== 2035 6.0 4.7 2036 6.0 4.7 2037 6.0 4.7 2038 6.0 4.7 2039 6.0 4.6 2040 5.9 4.6 2041 5.9 4.6 2042 5.9 4.6 2043 5.9 4.6 2044 5.9 4.5 2045 5.9 4.5 2046 5.9 4.5 2047 5.9 4.5 2048 5.9 4.5 2049 5.9 4.5 2050 5.9 4.4
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