The Committee for a Responsible Federal Budget warns that without realistic adjustments, Social Security could become insolvent by 2034, but Trump's platform could accelerate this timeline to 2031.
Projected economic fallout from Trump's proposed tax cuts on Social Security benefits and other measures could result in a cumulative revenue drop of $1.3 trillion to $2.75 trillion over ten years.
If Social Security is not properly funded, beneficiaries could see a 33% cut in their monthly checks, equating to a loss of $629 from an average $1,907 payment.
Critics such as Karoline Leavitt from Trump's camp contend that past projections of the CRFB have proven inaccurate, suggesting Trump's commitment to safeguard Social Security.
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