Americans’ Social Security benefits will have to be cut by roughly a quarter in six years due to depleted funds, according to a June 9 report from the Social Security Board of Trustees. That’s months sooner than the group had estimated in 2025.
As per the usual arrangement, Congress will come up with some bullshit plan to punt the consequences another 10 years into the future so it’s the next generations problem to “fix”.
As per the usual arrangement, Congress will come up with some bullshit plan to punt the consequences another 10 years into the future so it’s the next generations problem to “fix”.
Agreed, but more like 6 months to 2 years.