Source: Reason
by Jack Nicastro
“The Social Security trust fund will go bankrupt in 2033 according to the Old-Age, Survivors, and Disability Insurance (OASDI) trustees. With neither Democrats nor Republicans appearing willing to reduce benefits or increase the retirement age, the only way to make Social Security solvent is to increase revenue. While this can be done, it will come at the great financial detriment of young people entering the work force who are already struggling with the cost of living.” (07/22/25)