CQ Budget

224 EpisodesProduced by CQ Roll CallWebsite

CQ Roll Call’s budget tracker David Lerman explains how lawmakers in Congress spend the nation’s money.

June 30th, 2020•16:04

COVID-19’s impact on Social Security and Medicare trust funds

An economic recession triggered by the COVID-19 pandemic means a drop in payroll tax revenues that finance the Social Security and Medicare trust funds. CQ Roll Call’s David Lerman and Jennifer Shutt discuss how quickly the funds could be depleted and what Congress might do to save them. They also give a preview of the appropriations process that begins in the House next week.

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