Americans would pay higher taxes to save Social Security
- The Social Security trust fund is projected to run out of money in 2035, which will lead to automatic benefit cuts unless Congress acts by raising taxes or cutting benefits.
- A survey by the National Academy of Social Insurance shows that 85% of Americans support raising taxes to preserve benefits, with significant support across political parties and demographics.
- Sixty-Eight percent of respondents favor eliminating the taxable earnings cap, and 57% support raising the payroll tax to maintain funding for Social Security.
- Americans view their Social Security payments as contributions that provide future benefits, indicating strong support for preserving the program without cuts.
Insights by Ground AI
Does this summary seem wrong?
34 Articles
34 Articles
All
Left
3
Center
29
Right
1
Coverage Details
Total News Sources34
Leaning Left3Leaning Right1Center29Last UpdatedBias Distribution88% Center
Bias Distribution
- 88% of the sources are Center
88% Center
C 88%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage