Ten Years Gone | We Have Six Years to Fix Social Security. We Don't Have Time to Waste
A time change, hungry dogs, and an early trip to the polls lead Joel K. Douglas to a more consequential clock: the projected 2032 depletion of Social Security’s Old-Age and Survivors Insurance Trust Fund reserves. Continuing payroll taxes would still fund benefits, but a shortfall would put people who depend on those checks at risk.
Congress faces hard choices about payroll taxes, the taxable earnings cap, wages, immigration, and benefits. This episode asks how to protect current beneficiaries, make Social Security financially sustainable, and give workers and employers time to adjust. Every…
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