October 14, 2021
With Social Security COLAs (Cost-of-Living-Adjustments) soaring, we wind up with a wage mismatch that accelerates funding problems.
With Social Security COLAs (Cost-of-Living-Adjustments) soaring, we wind up with a wage mismatch that accelerates funding problems.
Because unauthorized immigrants pay billions of dollars in payroll taxes, they are one solution to the Social Security solvency problem.
The 2014 Social Security Trustees Report says that after we deplete the remains of the program's trust funds in 2033, payroll taxes will not provide all promised benefits.