Checking in on the Social Security & Medicare Trust Funds

As the Trustees warned in their new reports, Social Security and Medicare are nearing insolvency. Without legislative action, beneficiaries and health providers will face deep across-the-board cuts beginning in just eight years.

On Tuesday, June 24th, 2025, the Committee for a Responsible Federal Budget hosted a virtual event to explore the financial state of these vital programs, the consequences of delaying action, and the policy options available to extend their solvency. The event featured a presentation from the Chief Actuary of the Social Security Administration Karen Glenn and a discussion with experts at the Committee for a Responsible Federal Budget – who also fielded audience questions.

View the Chief Actuary's Slide Presentation

Speakers Included:

Karen Glenn, Chief Actuary, Social Security Administration

Anna Bonelli, Director of Health Policy, Committee for a Responsible Federal Budget

Mark Sarney, Director of Social Security, Committee for a Responsible Federal Budget

Marc Goldwein, Senior Vice President, Committee for a Responsible Federal Budget