Project 2025 is a report published by the Social Security Administration (SSA) that provides projections for the future of the Social Security program. The report found that the Social Security Trust Fund is projected to be exhausted by 2035, at which point the program will only be able to pay out 77% of scheduled benefits.
The report has raised concerns about the long-term solvency of the Social Security program. Social Security is a vital safety net for millions of Americans, and it is important to ensure that the program is able to continue to provide benefits in the future. There are a number of potential solutions to the Social Security funding shortfall, such as raising the retirement age, increasing the payroll tax, or reducing benefits. However, any changes to the program will need to be carefully considered in order to ensure that they do not harm the most vulnerable Americans.
