Source: New York Post
by staff
“Watch out: Democrats’ big ideas for ‘saving’ Social Security — now set to go bust in 2032 — range from lunacy like boosting payouts to madness like job-killing tax hikes. The program’s trust fund empties out in just six years, forcing automatic 22% cuts in payments, yet the Democrats who just won control of Congress look to worsen the outlook, throwing the system’s finances even further out of whack. … The shortfall is now covered by the funds’ reserves; when they dry up, payouts automatically shrink about a fifth. Cue Democratic plans to jack up taxes (and not just on the rich!) to pull in more cash.” [editor’s note: And once again they ignore the idea of putting a “floor” on FICA, instead of just raising the ceiling – SAT] (11/08/26)
https://nypost.com/2026/11/08/opinion/democrats-disastrous-ideas-to-fix-social-security/