How Worrying Is the New Social Security Trustees Report?

Analysis May 23, 2024 at 02:47 PM
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What You Need To Know

  • The program's outlook isn't completely bleak, two top administration analysts argued.
  • Lower birth rates mean there will be fewer workers contributing relative to the number of retirees.
  • Congressional action is needed to fix Social Security, but it's not likely to come soon.
image of a magnifying glass being held over a social security card