And Medicare is in even worse financial trouble.
There is no Social Security lock box, well there may be but it is full of IOUs, they have been raiding it for years.
And Medicare is in even worse financial trouble.
Whatever you think the state of government bennies is... it's worse.
There's already a parade of "long covid" disability claims that will upend the disability portion of social security, and it's just starting. Inflation-related COLA adjustments are seriously blowing up the expected runout dates for the trust fund.
But we're a wealthy country and have plenty of resources. What we don't have is people in charge who are willing to do something simple like not throw 100 billion dollars at a country to fight a stupid proxy war. We don't have people in charge who are willing to start nixing defense contracts and reduce the size of our defense expenditures. We don't have anyone in charge willing to cut the size of government and the amount of money it spends at all, much less anyone willing to cut the size and cost of government down to something even moderately meaningful, like whatever it was at the end of the Clinton administration.
Trump got elected on "drain the swamp" and "lock her up" and when he got elected... he wouldn't prosecute Hillary.
The part of the budget that needs to be raided is aid to Ukraine.
...and then the disability system needs to get fixed so that folks that can work at home on computers do not get it
...and then all benefits to illegal aliens need to be zeroed out....
...and then all anti-white racist programs need to be zeroed out....
“In the next couple decades the current Social Security tax rate will cover about two-thirds of the anticipated payouts. Either the benefits will have to be cut, the taxes increased or the non-SS part of the budget raided to pay for Social Security.
And Medicare is in even worse financial trouble.”
This is the current misrepresentation. The government has 100 different ways to cut spending before even looking st SS or Mecicare. It is a scare tactic. If they eliminated only the duplicate government agencies, the trillions they would save would leave plenty for SS.