Sunday , 23 February 2025
Home Forex US Social Security to run dry in 2031 under Trump and 2034 under Harris
Forex

US Social Security to run dry in 2031 under Trump and 2034 under Harris

A nonpartisan report compared Harris and Trump policies. In brief:

  • reserve fund for Social Security would run empty by 2031 under Trump
  • runs empty in 2034 under Harris
  • “Social Security is nine years from insolvency, and neither campaign has a plan to solve it”
  • “But President Trump’s plans would make it much, much worse.”

The report is from a nonpartisan source, Committee for a Responsible Federal Budget (CRFB).

There are plenty of media reports on it, here is an ungated one if you are after more.

The election is on November 5. Polling will ramp up in the two weeks ahead of then. Current polling is showing a very close race.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Elon Musk Slams Government Standards

🔹 Elon Musk Slams Government Standards Using AI-Generated SatireElon Musk took to...

Weekend Fedspeak – Goolsbee shrugged off 3 decade high in inflation expectations data

Federal Reserve Bank of Chicago President Austan Goolsbee spoke Sunday in an...

Weekend news – Iraq and Kurdistan resume oil exports after a two-year halt

Kurdistan to Restart Crude Exports – Iraqi Kurdistan authorities have reached an...

New Zealand Q4 retail sales +0.9% q/q (vs. +0.6% expected)

New Zealand data, retail sales in Q4 2024.+0.9% q/qexpected +0.6%, prior -0.1%For...