Issue brief

Social Security Repair

How do we preserve a reliable retirement floor for the next 75 years?

Our position

Protect current and near-retirees from abrupt cuts; evaluate phased taxable-earnings expansion, targeted minimum benefits, and upper-income benefit growth changes with a common actuarial horizon.

Why it matters

Trust-fund depletion timelines are public. Pretending the problem is fake or that markets alone replace a floor both fail working Americans.

Evidence

Trustees project combined reserve depletion in the early 2030s with reduced payable benefits thereafter. Depletion is not zero benefits—but it is a real shortfall requiring honest repair.

Strongest objection

Retirement-age increases hit physically demanding work hardest. Any age proposal requires longevity and health disparity analysis. Market privatization of the floor is rejected.

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