Andy Parks Live From The Washington Times
Stephen Dinan: COVID-19 pandemic eats into Social Security’s solvency
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:13:41
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Sinopsis
As Stephen Dinan reports, both of Social Security’s benefit programs, Old-Age Survivors Insurance for older adults, and Disability Insurance for those unable to work, failed the trustees’ tests of short-range financial adequacy. That means the revenue is crossing a critical fiscal threshold as the program begins a slide toward depletion of its trust funds in little more than a decade. In 2034, payments will likely cover only 78% of what is promised to recipients. Stephen also explains his story on how a convicted rapist reached the U.S. on an Afghan evacuation flight.