Sep 2, 2021
As Stephen Dinan reports, both of Social Security’s benefit programs, Old-Age Survivors Insurance for older adults, and Disability Insurance for those unable to work, failed the trustees’ tests of short-range financial adequacy. That means the revenue is crossing a critical fiscal threshold as the program begins a slide toward depletion of its trust funds in little more than a decade. In 2034, payments will likely cover only 78% of what is promised to recipients. Stephen also explains his story on how a convicted rapist reached the U.S. on an Afghan evacuation flight.