Free Republic

Almost five years on from the COVID-19 pandemic, the Social Security trust fund has financially benefited following the deaths of more than a million Americans. More than one million Americans died from the coronavirus between 2020 and 2023, meaning those premature deaths saved billions and billions in Social Security payments. According to the National Bureau of Economic Research, around $294 billion has been saved as a result. The figure would have been higher if not for lost tax revenue offsetting the total by approximately $205 billion. Survivor benefits to children and spouses of the deceased contributed to the money saved...