Despite decades of warnings, the depletion date for Social Security’s retirement trust fund is rapidly approaching. Unless lawmakers take action, Social Security’s trust fund will be depleted by 2033 — at which point benefits would be cut by 21 percent, automatically. These cuts would be devastating for the millions of seniors who rely on Social Security for a major share of their income.
The vast majority of voters (96%) in seven key battleground states — Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin —say it’s important for the presidential candidates to have a plan to prevent automatic cuts to Social Security, according to new polling. So far neither Vice President Harris nor former President Trump has put forward a plan to shore up Social Security — but there are many policy options to choose from, with strong support from swing state voters:
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Tweet: The ratio of workers to #SocialSecurity beneficiaries is at an all-time low and is projected to fall further. #Election2024 #polls https://ctt.ec/Um6L2+ via @pgpfoundation