>This is a problem with Congress not managing the Social Security system properly over the last 85 years.
Correct, but most of this issue is because on Party has been trying to eliminate it since its inception.
>demographics is either going to result in a 25% reduction in benefits that the SSA can pay out or result in a high tax burden on workers
Right now the Tax cap is 160,200, Congress should eliminate that tax cap, then there will be plenty of $. That cap is about equal to 9300 in 1938. Lots of people in Mang. makes well over that amount.
Correct, but most of this issue is because on Party has been trying to eliminate it since its inception.
>demographics is either going to result in a 25% reduction in benefits that the SSA can pay out or result in a high tax burden on workers
Right now the Tax cap is 160,200, Congress should eliminate that tax cap, then there will be plenty of $. That cap is about equal to 9300 in 1938. Lots of people in Mang. makes well over that amount.