3min chapter

The Indicator from Planet Money cover image

What happens when Social Security runs out of money?

The Indicator from Planet Money

CHAPTER

Understanding Social Security's Fiscal Fiction and Future Projections

This chapter explores the current fiscal state of Social Security in the U.S., noting that it is below the critical threshold but predicts improvement in the upcoming decade. It highlights the idea of Social Security's financial depletion as an 'accounting fiction' that can spark essential discussions and foster bipartisan collaboration for sustainable solutions.

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