Social Security Reform: Options to Raise Revenues
Social Security is the primary source of government-funded retirement support in the United States.
https://www.pgpf.org/blog/2022/11/social-security-reform-options-to-raise-revenues
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Social Security is the primary source of government-funded retirement support in the United States.
https://www.pgpf.org/blog/2022/11/social-security-reform-options-to-raise-revenues
The number one financial worry for Americans is having enough money for retirement — and for good reason.
https://www.pgpf.org/blog/2016/06/six-challenges-to-retirement-security
Four analyses project a more rapid depletion of Social Security trust funds as a result of coronavirus, outpacing previous depletion projections.
Without income from Social Security, two thirds of the elderly would be considered poor.
https://www.pgpf.org/blog/2018/09/what-effect-does-social-security-have-on-poverty
As the largest program in the federal budget, Social Security is a critical part of our nation’s fiscal picture and vital to millions of elderly recipients.
https://www.pgpf.org/blog/2023/06/without-reform-social-security-could-become-depleted-by-2033
The United States lost an estimated $1.8 trillion in revenues through tax expenditures in 2023.
https://www.pgpf.org/blog/2024/03/6-key-charts-on-tax-breaks
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
https://www.pgpf.org/blog/2023/03/social-security-and-medicare-are-facing-serious-shortfalls
Many policymakers have called for the full retirement age to be gradually raised and ultimately pegged to average life expectancy.
https://www.pgpf.org/blog/2022/11/social-security-reform-should-we-raise-the-retirement-age
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
Social Security has been a cornerstone of economic security for almost 90 years, but the program is on unsound footing.