Urgent: Social Security Faces Funding Crisis and Benefit Cuts
TL;DR Summary
Scott Galloway criticizes the current Social Security system, advocating for means-testing benefits, raising the retirement age, and taxing high earners' non-Social Security income to address funding shortfalls and reduce inequality, while also highlighting the need for broader tax reforms benefiting younger Americans.
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- OBBBA Would Accelerate Social Security and Medicare Insolvency-2025-06-27 Committee for a Responsible Federal Budget
- CBO's 2025 Long-Term Projections for Social Security Congressional Budget Office (.gov)
- Social Security Is Facing Major Benefit Cuts: What You Can Do to Plan for Them The Motley Fool
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