Social Security Cuts Now Estimated in 7 Years, Trump’s Policies Under Scrutiny
TL;DR Summary
Social Security benefits are projected to face up to 23% cuts in seven years, partly due to President Trump's tax law which reduces taxable income and accelerates the program's financial shortfall, compounded by demographic shifts like aging baby boomers, increased longevity, and lower birth rates, making urgent reform necessary.
- Social Security Benefits Cuts Are Now an Estimated 7 Years Away, and President Donald Trump's "Big, Beautiful Bill" Is Partly to Blame The Motley Fool
- A Diminished Social Security Work Force, and Its Customers, Feel the Strain The New York Times
- Trump's Social Security shakeup is hurting the disabled and poor, advocates say Axios
- Real World Economics: Ignorance of Social Security’s problems is not bliss Pioneer Press
- The Long-Term Outlook for Social Security: Baseline and Alternative Assumptions Penn Wharton Budget Model
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