Source: Law & Liberty
by Sita Slavov
“Policy analysts have been warning about Social Security’s funding shortfall for decades, while politicians have sat on their hands. But time is running out: the Social Security trust fund will run out of money in 2034 and, unless Congress acts, current and future beneficiaries will face a 23 percent benefit cut. Congress’s available options include raising taxes or reducing promised benefits, both of which are politically unattractive. The only way to finance promised benefits without raising current taxes is to borrow the money, which will be challenging given the already unsustainable path of the federal debt. In this context, Romina Boccia and Ivane Nachkebia’s new collection — Reimagining Social Security: Global Lessons for Retirement Policy Changes — represents an important contribution to the public discussion.” (02/23/26)
https://lawliberty.org/book-review/what-social-security-should-do-and-what-it-shouldnt/