Social Security trust funds now projected to run out of money sooner than expected due to Covid, Treasury says

[tacobell fan]

• The Social Security trust fund most Americans rely on for their retirement will run out of money in 12 years, one year sooner than expected, according to an annual government report.
• The circumstances, which were exacerbated by the Covid pandemic, threaten to shrink retirement payments and increase health-care costs for Americans in old age sooner than expected.
• The financial outlook for Social Security and Medicare, two of the nation’s preeminent safety net programs, has deteriorated over the past year.

[tom brady]

It's a blessing for America to lose around 700K people with COVID...especially with ages > 50...their health care badly needs it and looks like social security as well 😛

[snoww]

They will print money or raise taxes to cover that. 

Social security and Medicare here are like reservations in India. No one will date to remove them. 

[tacobell fan]

10 minutes ago, tom brady said:

It's a blessing for America to lose around 700K people with COVID...especially with ages > 50...their health care badly needs it and looks like social security as well 😛

lol

[mettastar]

16 minutes ago, tom brady said:

It's a blessing for America to lose around 700K people with COVID...especially with ages > 50...their health care badly needs it and looks like social security as well 😛

Afghan nunchi digina batch cover cgesthadile uncle