Would Americans support lowering Social Security payments? - Newsweek

The Social Security Trustees project the Social Security Trust Fund will deplete its reserves by 2033; upon insolvency, all beneficiaries will face a 21 percent across-the-board benefit cut.  The policymakers have only nine years until insolvency and must take action to prevent an across-the-board benefit cut.

One of the solutions that received almost universal disapproval has been cutting Social Security benefits. However, according to a new report from the Program for Public Consultation at the University of Maryland’s School of Public Policy, this may not be the case anymore. Suzanne Blake reports on the findings of this report and whether Americans support cutting Social Security benefits. Read Ms. Blake’s article here…

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