Next year, the US Old Age and Survivors Insurance trust fund (OASI) for the first time since early 1980s will have a deficit of 13 billion dollars. According to the projections of the US Whitehouse Office of Management and Budget, by 2020 the deficit of the largest US retirement fund will deepen to $123 bln - the level never seen in history.
Despite the expected surpluses in others social and Medicare funds, the US federal social security system as a whole will become insolvent in the next 5 years. Aggregate deficit of the US Social Security trust funds (OASI and the Disability Insurance funds) would amount $70 bln. by the 2020, and about $43 bln. counting Medicare trusts.
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The United States being the biggest economy in the world significantly influences the global economic situation. The US economy is comprehensively covered by data and statistics from multiple government and private sources. We selected the most significant and up-to-date ones and presented them in this cheat sheet.
This dashboard provides an information about governance trends by country from different points of view, namely: The Open Budget Index measures the overall commitment of countries to transparency,The Press Freedom Index illustrates just violations of freedom of information,The Worldwide Governance Indicators shows the views on the quality of governance provided by a large number of enterprise, citizen and expert survey respondents in industrial and developing countries. *Explore Worldwide Governance dataset for more relevant indicators.
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The United States’ number of nuclear warheads and military expenditures as a percent of GDP are the most intriguing statistics on this page.