The Aporia
Carney, T. P. (2026, October 18). The looming Social Security cliff. Washington Examiner. https://www.washingtonexaminer.com/in_focus/4768424/the-looming-social-security-cliff/
Carney, Timothy P. “The looming Social Security cliff.” Washington Examiner, 18 Oct. 2026, https://www.washingtonexaminer.com/in_focus/4768424/the-looming-social-security-cliff/.
Carney, Timothy P. “The looming Social Security cliff.” Washington Examiner, October 18, 2026. https://www.washingtonexaminer.com/in_focus/4768424/the-looming-social-security-cliff/.
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Social Security benefits are set to shrink starting in 2032 unless Congress enacts changes because the Social Security trust fund is projected to be depleted by then. To prevent this, lawmakers could consider raising taxes, adjusting the benefit formula, or increasing the federal deficit and national debt.
To address this problem, Congress may raise taxes, change the formula that determines benefits, or simply add to the federal deficit and national debt.