A Social Security Bailout Would Cost Younger Workers $157,000 in Higher Taxes

Why did the Federal Reserve renovation cost escalate? How will the US-Japan tariff deal affect automakers? What caused Tesla’s recent profit decline? Why is UnitedHealth under federal investigation? How did the Paramount-Skydance merger get FCC approval? What impact will Trump’s AI action plan have? Why are HydroTech hoses being recalled nationwide?

A Social Security Bailout Would Cost Younger Workers $157,000 in Higher Taxes

reason.com/2025/07/22/a-social-security-bailout-would-cost-younger-workers-157000-in-higher-taxes

The Social Security trust fund will go bankrupt in 2033 according to the Old-Age, Survivors, and Disability Insurance (OASDI) trustees. With neither Democrats nor Republicans appearing willing to reduce benefits or increase the retirement age, the only way to make Social Security solvent…

This story appeared on reason.com, 2025-07-22 21:00:06.