Will reelecting Trump mean prioritizing Social Security reform?
After many years of Congress kicking the Social Security can down the road, could Donald Trump’s reelection mean that Social Security reform could actually become a priority after the next election cycle? Well, according to at least one pundit, that’s a very real probability. President Trump has already proven that an improved economy will help Social Security’s finances, as a roaring 2018 economy resulted in a surprising $3.2 billion surplus of Social Security revenues when all predictions were that Social Security’s reserves would be needed to supplement benefit obligations. Clearly a great economy can’t be relied upon for the long term so other fixes will still be needed, but President Trump has already signaled that Social Security reform will be a priority in his 2nd term. The trick will be to get bipartisan Congressional support to enact any changes to the program. In this Motley Fool article by Sean Williams, the author discusses the prospects for real Social Security reform.
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To read the Motley Fool article on making Social Security a priority if Donald Trump is reelected, click here.