Addressing the Unspoken “Social Security Crisis” in the Vice Presidential Debate
The vice presidential debate tackled numerous topics, with the candidates describing each issue — from immigration to inflation — as a “crisis.” Inflation, characterized by the rising cost of goods and services, diminishes purchasing power and impacts the economy, sometimes referred to as a “hidden tax” for how it erodes wealth. Despite these discussions, a crucial challenge went unmentioned: Social Security.
By 2035, the Social Security program we rely on today could become largely insolvent. To prevent this, it’s imperative that our political leaders come together to reform Social Security, ensuring its sustainability for future generations of Americans. The fiscal health of our nation and the security of its retirees are at stake.
This is a preview of our full op-ed originally published in Deseret News.
Stay informed on the tax policies impacting you.
Subscribe to get insights from our trusted experts delivered straight to your inbox.
As debates continue, it’s crucial to spotlight the Social Security crisis among other national concerns. Policymakers must realize that taking timely action is key to preserving the program’s legacy and ensuring economic stability. Engaging in constructive dialogue and staying informed can propel solutions forward.
