Benefits from the program make up more than half of many retirees' incomes; a substantial number have almost nothing else to live on. It's vital to recognize this.
If enacted, Trump’s economic proposals could lead to Social Security's bankruptcy, which would impoverish many older Americans within around six years.
Social Security has its own, separate budget. Most payroll tax receipts are dedicated to Social Security, but this system is under strain from an aging population.
While I previously assumed Social Security would be bailed out, the current political climate raises doubts about this certainty if Trump wins.
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