Apologize, I should have put this in the Politics and Other Controversies section.
https://www.cbo.gov/sites/default/fi.../52086-MBR.pdf
The final numbers for last year are out and the despite the huge stock market bubble and massive amount of job growth the tax revenue only increased by 19 billion dollars last year.
Outlays meanwhile went up by 168 billion dollars.
Less then 25% of baby boomers are age of full-retirement for social security yet the expenditures were 905 billion for social security benefits, 595 billion dollars for medicare, 368 billion for medicaid.
Only about 4 years of the 1946-1964 is retirement age. The highest birthrate years of the 1946-1964 "baby boomers" were in the mid and late 1950s.
It seems amazing how revenue is stagnant despite the massive amount of job growth and the equity bubble.