SS has been “going broke” for decades. The fact is it will always be with us and retirees will always get their checks for the simple reason it is political suicide to reduce payments in any way and for any reason.
The only change I believe will benefit both the program and the retiree is to allow (voluntary) investment of SS taxes collected into a selected portfolio of Stocks (mutual funds), Bonds (US Gov, Corporate also in the form of Mutual Funds) and MM funds).
Absolutely. The way out is to slowly devalue the payment through inflation. There will be other minor course corrections over the years.