Social Security Tax Hikes Are ‘Extraordinarily Unlikely’ Before Midterms, Economist Says — But 2032 Benefit Cuts Could Force Congress to Act
Social Security’s 2032 trust fund deadline looms as expert calls payroll tax hikes unlikely.
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Why It Matters
Social Security money runs out in 2032 unless Congress makes changes. When that happens, lawmakers might raise taxes or cut benefits for retirees.
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