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A new group of senators from both parties will vote on how to save Social Security. Here’s what they’ve said about it

A new group of senators from both parties will vote on how to save Social Security. Here’s what they’ve said about it

Photo: Fortune Crypto

Democrats rode a blue wave of Senate pickups on Tuesday, flipping seven seats in red states and winning control of the chamber , while Republicans will also see some fresh faces. Together, the 17 newcomers from both parties will join the next Congress in taking on one of Washington’s most-dodged problems: how to keep Social Security paying full benefits. The program’s trust fund is projected to run dry in late 2032 . After that, payroll tax revenue would cover only about 78% of scheduled benefits—forcing an automatic cut of roughly 22% unless Congress acts.

Source: Fortune Crypto

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