Social Security Actuaries: Trump 2nd Term Would Doom Social Security

“This letter confirms what Democrats and Social Security advocates have been saying for weeks: Donald Trump’s plan to ‘terminate’ Social Security’s dedicated funding if he is reelected would destroy Social Security. Goss states that if Social Security’s funding were terminated, the Disability Insurance (DI) Trust Fund would be depleted by 2021 and the Old Age and Survivors Insurance (OASI) Trust Fund by 2023 ‘with no ability to pay benefits thereafter.’ In other words, if Donald Trump is reelected, Social Security will cease to exist before the end of his second term.

Social Security Actuaries: Trump 2nd Term Would Doom Social Security