The Congressional Budget Office’s latest estimate is that Social Security will be unable to pay full retirement and survivor benefits beginning in 2032. Graphic credit: Flat Creek
Sen. Tim Kaine, D-Va., listens as Congressional Budget Office Director Keith Hall testifies at a Senate Budget Committee oversight hearing, Wednesday, Jan. 24, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin) ** FILE **
Sen. Richard Burr, North Carolina Republican was shocked at the Congressional Budget Office's cost estimate to fix the VA, calling it "grotesquely out of line."
Douglas Holtz-Eakin, a former Congressional Budget Office director, said that there is a lot of uncertainty with the VA and how many patients have been waiting to receive medical care, making the cost estimate to fix the troubled agency difficult to score. (Associated Press)
Congressional Budget Office Director Douglas Elmendorf testifies on Capitol Hill in Washington on Feb. 5, 2014, before the House Budget Committee hearing on the CBO budget and economic outlook. (Associated Press)
House Budget Committee Chairman Rep. Paul Ryan, R-Wis., right, questions Congressional Budget Office (CBO) Director Douglas Elmendorf on Capitol Hill in Washington, Wednesday, Feb. 5, 2014, during the committee's hearing on the CBO budget and economic outlook. Rep. Tom Price, R-Ga., listens at left. (AP Photo/J. Scott Applewhite)
House Budget Committee Chairman Rep. Paul Ryan, R-Wis., right, greets Congressional Budget Office (CBO) Director Douglas Elmendorf on Capitol Hill in Washington, Wednesday, Feb. 5, 2014, prior to Elmendorf testifying before the committee's hearing on the CBO budget and economic outlook. (AP Photo/J. Scott Applewhite)
FILE - This Feb. 1, 2012 file photo shows Congressional Budget Office (CBO) Director Doug Elmendorf testifying on Capitol Hill in Washington. More people than previously estimated will reduce their hours or leave the workforce because of incentives built into President Barack Obama’s health care law, the Congressional Budget Office said Tuesday. (AP Photo/J. Scott Applewhite, File)