This Trump Administration Policy Could Be a Backdoor Social Security Cut
The Trump administration made a major change that helped push Social Security's day of reckoning a year earlier.
Overview
Social Security is one of the most important government programs ever created because millions of elderly and disabled people rely on the program to cover their bills. Unfortunately, the program is facing some financial problems.
The most recent report from the Social Security Trustees in June of 2026 reported that the Old Age and Survivors Insurance (OASI) trust fund is expected to be depleted in 2032.
Details
This is a year earlier than the prior report suggested. And one big reason that's the case is because of a Trump administration policy.
Source
Originally published at www.fool.com.
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