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pnwmom

(110,324 posts)
Fri Aug 1, 2025, 02:41 PM Aug 2025

How Trump's immigration and tariff policies are damaging Social Security trust funds.

Trump’s tariffs and mass deportation program will accelerate the depletion of the trust fund and risk cuts to Social Security benefits — something the President has promised not to do. If policymakers fail to act, benefits will be cut by nearly a quarter across the board. With Social Security’s reserve depletion date less than a decade away, policymakers should not dig the hole in the system’s financing any deeper.

The Trump Administration’s actions are weakening the country’s economic outlook and Social Security’s financial footing.
https://www.cbpp.org/blog/social-security-trust-funds-would-be-on-stronger-footing-if-not-for-trump-economic-immigration
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How Trump's immigration and tariff policies are damaging Social Security trust funds. (Original Post) pnwmom Aug 2025 OP
The looming SS deficit has been in every SS Trustee Report for years. Obama tried to do something and was bashed Silent Type Aug 2025 #1
They've already decided to dismantle the system, which is why they're manufacturing pnwmom Aug 2025 #2
 

Silent Type

(12,412 posts)
1. The looming SS deficit has been in every SS Trustee Report for years. Obama tried to do something and was bashed
Fri Aug 1, 2025, 03:06 PM
Aug 2025

by Republicans and Democrats.

So, there's a good chance GOPers will decide how to handle this and we'll suffer.

pnwmom

(110,324 posts)
2. They've already decided to dismantle the system, which is why they're manufacturing
Fri Aug 1, 2025, 03:20 PM
Aug 2025

the "emergency" that will hit us in a few years. Instead of shoring up SS by lifting the income ceiling for the SS tax, or extending the tax to non-salary income, they're deporting young people who've been paying into it, and wrecking our economy with the tariffs.

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