Let’s get serious. It is the rare retired person that can take Trump’s plan, a 35% cut in his/her Social Security. Harris’plan does far better, but there will still need to be some changes in the program. One of those is quite simple: Require everyone to pay the FICA charge for 100% of their salary. This should have been done a long time ago.
“According to projections by the Congressional Budget Office (CBO), the Social Security trust funds will be insolvent by Fiscal Year (FY) 2034, at which point the law calls for a 23 percent cut in benefits.1 Restoring solvency over the next 75 years would require the equivalent of reducing all future benefits by 24 percent or increasing revenue by 35 percent.”
US Budget Watch 2024: What would the Trump Campaign Plans Mean for Social Security?