Will Donald Trump address Social Security's challenges in 2025? - PRESS AI WORLD
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Will Donald Trump address Social Security's challenges in 2025?

share-iconMonday, December 30 comment-icon3 weeks ago 9 views
News sources:
usatodayUSATODAY
Will Donald Trump address Social Security's challenges in 2025?

Credited from: USATODAY

  • President-elect Donald Trump has a second chance to address Social Security reforms in 2025.
  • The program is not going bankrupt but expects its trust funds to run out by 2035, potentially reducing benefits to 83%.
  • Trump suggests tapping into U.S. oil and gas reserves to fund Social Security, although details are lacking.
  • Analyses indicate that Trump's proposals, such as tax eliminations and tariffs, could exacerbate Social Security's funding issues.
  • Experts conclude it is unlikely Trump can effectively fix Social Security's major problems by 2025.

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