How Should We Keep Social Security Solvent?
Social Security's trust funds are projected to run short within about a decade, which would trigger automatic benefit cuts unless Congress acts. Options include raising the payroll tax cap, changing the retirement age, adjusting benefits, or a mix. Where do you stand?
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The case for
Supporters of shoring up revenue — like lifting the cap on wages subject to the payroll tax — say benefits shouldn't be cut for retirees who paid in their whole careers, and that higher earners can afford to contribute more.
Source: Social Security Works (favors expanding benefits / lifting the cap) →The case against
Others argue demographics make tax increases alone unsustainable and favor gradually raising the retirement age or slowing benefit growth, warning that revenue-only fixes don't solve the long-term shortfall.
Source: Committee for a Responsible Federal Budget (critiques as insufficient) →My Democracy doesn’t take a side — you choose your position below, and your message carries it. Sources represent one organization on each side; they don’t reflect My Democracy’s position.
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What’s your position?
Both sides are laid out above. Your message will carry your position — My Democracy doesn’t take a side.