Social Security

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Social Security, mentioned 24 times across podcast episodes and expert conversations analyzed by Sonic.

What Social Security has said

The Congressional Budget Office (CBO) projects that the Social Security system will run out of money and become insolvent within five years.

bearish·David Friedberg

The Social Security Trust Fund currently holds $2.7 trillion in assets.

neutral·David Friedberg

Since a rule change in 1982, all assets in the Social Security Trust Fund have been invested exclusively in U.S. Treasury bonds, yielding an average of 3.5% annually.

bearish·David Friedberg

The Congressional Budget Office (CBO) projects that the Social Security system will run out of money and become insolvent within five years.

Expert perspectiveDavid FriedbergJul 22

The Social Security Trust Fund currently holds $2.7 trillion in assets.

Expert perspectiveDavid FriedbergJul 22

Since a rule change in 1982, all assets in the Social Security Trust Fund have been invested exclusively in U.S. Treasury bonds, yielding an average of 3.5% annually.

Expert perspectiveDavid FriedbergJul 22

The Social Security Trust Fund would have an additional $37 trillion in assets if contributions since 1982 had been invested in the S&P 500 instead of U.S. Treasury bonds.

Expert perspectiveDavid FriedbergJul 22

The U.S. Social Security system is projected to become bankrupt within 5 years.

Expert perspectiveDavid FriedbergJul 22

Unlike Social Security, which withholds 12.4% of W-2 income into a government fund, "Trump accounts" are privately owned, controlled, and can be passed to heirs.

Expert perspectiveBrad GerstnerJul 11

The "Trump accounts" initiative is described as the largest change to the U.S. social contract since the creation of Social Security in 1935.

Expert perspectiveBrad GerstnerJul 11

The Social Security trust fund is projected to run out of money, leading to a 20% cut in payments in the early 2030s.

SpeculativeJan VanEckJun 16

The combined Social Security trust funds for old age, survivors, and disability are projected to be unable to pay full benefits starting in 2034.

Official sourceJacob LewJun 12

According to the latest Social Security trustees report, the program's old-age benefits fund will be unable to pay full benefits starting in 2032, resulting in an automatic 22% benefit cut if no legis...

Official sourceJacob LewJun 12

Nikki Haley predicts that the Social Security program will become insolvent in six years, affecting 75 million Americans.

SpeculativeNikki HaleyJun 10

Nikki Haley predicts that the Social Security program will run out of funds in six years.

SpeculativeNikki HaleyJun 10

Social Security is projected to run out of funds in six years.

Expert perspectiveNikki HaleyJun 10

The Social Security fund is projected to become insolvent in six years, affecting 75 million Americans.

Expert perspectiveNikki HaleyJun 10

The proposal to privatize Social Security in the U.S. involved giving every citizen a portfolio of stocks.

Expert perspectiveAlex ImasJun 4

The U.S. Social Security system is a pay-it-forward system, rather than a fully funded pension, because President Franklin D. Roosevelt was fiscally austere.

Expert perspectiveNoah SmithMay 27

Approximately 60 million people are benefiting from new tax policies that eliminate taxes on tips, overtime, or Social Security.

Expert perspectiveKevin HassettMay 10

The Trump administration has implemented policies for no tax on tips, no tax on Social Security for seniors, and no tax on overtime.

Official sourceDonald TrumpMay 1

Donald Trump is proposing a policy to eliminate federal taxes on Social Security income for seniors.

Expert perspectiveDonald TrumpApr 30

A 25% cut to Social Security and/or Medicare would be necessary to bring the US debt and deficit into alignment.

Expert perspectiveRich WeissApr 21

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