Trump's Tariffs, Tax Plans Could Bankrupt Social Security by 2031: Report

Analysis October 21, 2024 at 02:45 PM
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What You Need To Know

  • Researchers warn cutting taxes on Social Security benefits, tips and overtime would leave Social Security insolvent years earlier.
  • A Trump campaign spokeswoman disputed that conclusion, arguing pro-growth policies would help fund the program.
  • But the analysis warns that relying on potential growth — not specific policies to fix the program — is risky.
Donald Trump speaks during a campaign event in Green Bay, Wisconsin

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