An Evergreen Warning About Social Security

Source: The Daily Economy
by Thomas Savidge

“As Social Security reaches its ninety-first anniversary this August, it’s running out of room for evasion. The 2026 Trustees Report projects Old-Age and Survivors Insurance (OASI) trust fund will be depleted by the fourth quarter of 2032, after which dedicated revenue would only cover 78 percent of scheduled benefits. On a combined basis with Disability Insurance, reserves would run out in late 2034, with 83 percent payable then and 65 percent by 2100. The current schedule and financing cannot survive under existing law. That is the setting for Romina Boccia and Ivane Nachkebia’s Reimagining Social Security. Nearly a year after its release, the book is more relevant than ever.” (07/15/26)

https://thedailyeconomy.org/article/an-evergreen-warning-about-social-security/