Dossier
benefit reductions
Coverage of benefit reductions in the Nexus archive.
- A bipartisan summit is the best way to address debt, make Social Security solvent
The federal budget deficit is projected to reach 120 percent of GDP by 2036 and 175 percent by 2046 due to tax cuts and increased spending. A bipartisan summit is proposed to address the debt and ensure Social Security's solvency through tax increases and benefit reductions.