Delay Increases the Cost to Fix Social Security
Every year that we delay reform, the cost of putting Social Security on a stable financial footing increases. This chart shows the options that we could take in each of three years to make Social Security, in net term, solvent.
Social Security Can't Pay Promised Benefits
A History of Payroll Tax Increases
Fewer Workers, More Retirees
Seniors Are Living Longer
Americans Are Getting Older
The Trust Fund
Growth in Federal Spending
Real Returns for Private Investments
The Retirement Iceberg Is Approaching
To Pay Scheduled Benefits, Payroll Taxes Would Have to Increase Over 50%
Delay Increases the Cost to Fix Social Security
Drastic Benefit Cuts When the Trust Fund is Exhausted
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