Description
Nearly a half century after its last rescue, Social Security faces insolvency by 2032, when its trust fund is projected to be exhausted. Without changes in how money is collected and paid out, recipients face drastic benefit cuts. As shown by the bipartisan deal struck in 1983, there are sensible solutions for slowing benefit growth and boosting revenues–if only our politicians in Washington can muster the courage and common sense to forge a compromise while there is still time.
