The New CS Board

[jumanji0881]

Social Security Will Not Be Able To Pay Promised Benefits By 2034 : https://www.zerohedge.com/personal-finance/social-security-will-not-be-able-pay-promised-benefits-2034

Excerpt:
The entire system is insolvent if one factors in the $28 trillion in debt representing alleged Trust Fund savings that are already spent on something else, especially wars.

Sure, Congress can raise taxes. But for 2021 alone the US will be $4.5 trillion in the hole if Democrats get their way.

And it's ridiculous to believe that even Democrats would opt for Item I: Raise payroll taxes from 3.36 percent to 15.76 percent. Heck, Democrats do not want to raise payroll taxes at all.

The report wastes hundreds of pages addressing options that neither party will do.