A wave of recent proposals from think tanks across the ideological spectrum argue that the ultimate solution for keeping Social Security viable lies in fundamentally changing how the program works.
According to federal actuaries, Social Security’s trust funds are projected to be depleted by 2032.
If Congress takes no action, benefits would be cut across the board by about 23% to match incoming payroll tax revenue — a reduction that could sharply affect seniors who rely on Social Security to remain in their homes.
Ideas cited by the Brookings Institution from the Progressive Policy Institute, the American Enterprise Institute (AEI) details ⇒
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