And when they destroy the economy through deportations and bankruptcies, there will be even fewer people paying into SSA.That's equal to an $18,000 annual benefit cut for a dual-earning couple who both retire in 2033.
[...]
If policymakers don't stop this from happening, it would at least double the poverty rate of America's seniors, per several estimates.
They also might experience reduced healthcare access, per the analysis, due to an 11% cut in Medicare hospital payments.
The percentages would grow over time, as the population ages and fewer young Americans are paying into the system.
[...]
The tax cuts in the big bill and the increase in the deduction for seniors, specifically, would reduce Social Security's incoming tax revenue — and speed up depletion by about a year, per the CRFB.
Axios
Ha![T]he last time the trust fund headed to a shortfall in the 1980s, Congress didn't act until the last minute when it raised the retirement age and started taxing benefits.
[...]
Most policy wonks and Social Security advocates believe that it's highly unlikely that Congress would sit back and watch benefits get cut like this.
UPDATE 07/30/2025: The confusion is part of the package.
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