Reported about 1 month ago
A new report by the Committee for a Responsible Federal Budget indicates that Donald Trump's proposed tax breaks, tariffs, and deportation policies could deplete the Social Security reserve fund by 2031, three years earlier than currently projected. Experts warn that these changes could lead to benefit cuts of up to 33% by 2035, disproportionately affecting lower-income retirees. Additionally, issues relating to Medicare funding could also arise, as related policies could further compromise its financial stability.
Source: YAHOO