Social Security’s trust fund could be depleted sooner than expected
- Social Security faces a fiscal emergency threatening the U.S. Financial stability.
- The system's design as a pay-as-you-go pension scheme causes increasing deficits.
- An aging population and rising outlays create deficits the government must finance.
- Without reforms, benefits may need about a one-fifth reduction, based on estimates.
- Urgent reform is needed to curb borrowing and align the system with its goals.
42 Articles
42 Articles


Fixing Social Security can't wait for long
ANOTHER VIEW
Touch the third rail, save Social Security — before it’s too late
The Social Security Trust Fund is in far worse shape than most Americans realize. Yet both political parties refuse to confront it. Why? Because addressing Social Security is considered “touching the third rail” — a phrase meant to invoke the political equivalent of electrocution.Here’s where things stand. About 73 million Americans rely on Social Security for retirement, disability, or survivor benefits. But the program is bleeding money. It pa…
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