The $169 Billion gap: How Trump's new tax policies are impacting Social Security

AI Briefing

• – The US Social Security Trust Fund's 2020 surplus is its smallest in 75 years.
• – The gap between Social Security revenue and expenses is projected to grow to $3.8 trillion by 2035.
• – The new tax policies are expected to increase the full retirement age for workers and affect the cost-of-living adjustments.