Social Security at a Crossroads: Can the System Survive an Aging America?

Social Security faces an unsustainable future due to prolonged deficits and demographic shifts. With an aging population and decreasing workforce, the program may struggle to meet its obligations to retirees as early as 2035. Both major political parties acknowledge the issue, but proposed solutions vary, ranging from increasing taxes on high-income earners to stimulating economic growth. The next administration will face difficult decisions to ensure the program’s long-term viability, potentially involving spending cuts, tax increases, or a combination of both.

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