Lyn Alden
· 76w
The Social Security Administration expects their reserves to run out in 2035.
That’s a different pile of money than most other government functions, and so without either tax increases or legislati...
This is a bit alarmist, as the worst case scenario in the event of zero action is a 25% cut in benefits. By then, politicians will be winning elections by promising to shore up the nation’s most popular social program.