Research note: Why is the American Government Unable to Balance Social Security?

In 2024, about eight in ten polled American adults believed that the Social Security system should either be kept the same or expanded; however, the Social Security Trust Fund, the monetary base for the Social Security program, is projected to become insolvent by 2034.
The research question: ‘Why is the American government unable to balance Social Security’s revenues and expenses, and what can we do to change that?’

By Ben Eagleton, Research Associate.

 

 

 

 

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