Opinion | I Worked in the White House. We Never Imagined This Problem Would Get This Bad.
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Social Security announced that the trust fund will be exhausted in 6-yrs―tens of millions of Americans could see their benefits cut by 22%. The “Big Ugly Bill” was responsible for ¼ of the worsening of the predictions over the past year. ―Jason Furman 1/2👇🏾 www.nytimes.com/2026/06/12/o... #PINKS
Are Trump and the GOP intentionally driving the social security car off the cliff? Yes. This is what they have been promising to do for decades. When Ds are in charge, the SSA is funded and fine. When Rs take over, it's immediately on the brink of bankruptcy. It's not difficult to understand why.
I'm rapidly running out of gift articles for the month, but this one is worthy. www.nytimes.com/2026/06/12/o...
#SocialSecurity is the biggest asset for most Americans. "This week the Social Security trustees announced that the trust fund for retirees and survivors will be exhausted in just six years. That’s six years before tens of millions of Americans could see their benefits cut by 22 percent."
Please. EVERYBODY knew it was going to get this bad. EVERYBODY has known it was going to get this bad for DECADES. Or at least, nobody has any excuse NOT to know it. And now, of course, it's vastly too late. www.nytimes.com/2026/06/12/o...
Trump’s One Big Beautiful Bill, which included a de facto benefit increase that came at the expense of revenues partially earmarked for Social Security, was responsible for one-quarter of the worsening of the predictions for Social Security over the past year.
What do you think of these ideas on SS solvency? www.nytimes.com/2026/06/12/o...
As Tom Hardy’s Eames says in Inception, “You mustn't be afraid to dream a little bigger, darling.” It can always get worse, and it does. www.nytimes.com/2026/06/12/o...
As I've said before, The US Treasury could lend $1 trillion to itself, then place the bond holdings in the Trust Fund. The Trust Fund is solvent again! But sure do away with the senior tax break from the Big Beautiful Bill. But increase payroll taxes? God no. www.nytimes.com/2026/06/12/o...
This week the Social Security trustees announced that the trust fund for retirees and survivors will be exhausted in just six years. That’s six years before tens of millions of Americans could see their benefits cut by 22 percent. www.nytimes.com/2026/06/12/o...
And, instead of figuring out how to solve this problem, we are living a nightmare. Wars, war crimes, grifting, gambling, insider trading, ballrooms, naps, Trump Epstein files, bribery, tariffs, high food and gas prices, and on and on... www.nytimes.com/2026/06/12/o...
Social Security remains one of America’s most important retirement programs, but new projections show its trust fund could face depletion by 2032, triggering automatic benefit reductions if Congress fails to act. Policymakers face growing pressure to secure its long-term future.
That's the future there, driving off a cliff. Six more years until social security is exhausted. Unless someone is coming to save us? Free article, 'cause I love ya, anonymous Blueskyers. www.nytimes.com/2026/06/12/o...
Seriously, this shmuck Furman guy lies. We can fix SS “shortfalls” by taking away the cap on taxing income only to $185,500. And he’s LYING about that 50% effective tax rate. Its 3-4%. I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
"President Trump’s One Big Beautiful Bill, which included a de facto benefit increase that came at the expense of revenues partially earmarked for Social Security, was responsible for one-quarter of the worsening of the predictions for Social Security over the past year."
Social Security benefits will likely be cut by 20% unless the next congress passes new laws. These cuts will hurt rural areas the most. Gift Article: www.nytimes.com/2026/06/12/o...
I'm actually not picking on Furman in particular here becuase that paragraph is just laying out "the options" and he is basically reporting accurately what the options are in the discourse.
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
Social Security's cliff is getting closer, and the One, Big, Beautiful Bill made it bigger. www.nytimes.com/2026/06/12/o...
IMPORTANT READ on looming SOCIAL SECURITY shortfall. (Gifted, so link should open) www.nytimes.com/2026/06/12/o...
Gift Article. We need to fix Social Security. "...Trump’s One Big Beautiful Bill, which included a de facto benefit increase that came at the expense of revenues partially earmarked for Social Security, was responsible for one-quarter of the worsening of the predictions for Social Security..."
The Social Security trust fund for retirees and survivors will be exhausted in just 6 years. That’s 6 years before tens of millions of Americans could see their benefits cut by 22%. I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
Just 6 years until Social Security funds are depleted. www.nytimes.com/2026/06/12/o...
Trump insists he must be the one to personally drive the American clown car off the cliff. 🤡
"President Trump’s One Big Beautiful Bill was responsible for one-quarter of the worsening of the predictions for Social Security over the past year." www.nytimes.com/2026/06/12/o...
Gen X and younger screwed. "This week the Social Security trustees announced that the trust fund for retirees and survivors will be exhausted in just six years." Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2026/06/12/o...
It’s literally so insane that we’re not doing anything about social security. This is one area that white men could pick up the slack. They won’t fight for anything else. But every white man is going to retire one day. Fucking fight for what you think you’re owed.
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2026/06/12/o...
www.nytimes.com/2026/06/12/o... 👇
Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2026/06/12/o...
I was the last baby boomer born. I earned just enough to pay the maximum every year. I always knew that Social Security would not be there for me. www.nytimes.com/2026/06/12/o...
Now that we’re getting close to the cliff, instead of pumping the brakes, politicians from both parties are actually pressing on the gas pedal to make things even worse. 2/2 www.nytimes.com/2026/06/12/o...
This week the Social Security trustees announced that the trust fund for retirees and survivors will be exhausted in just six years. That’s six years before tens of millions of Americans could see their benefits cut by 22%. The crisis is closer than anyone ever imagined we might let it get. 1/2
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o... Why is SS a disaster? Republicans have been playing the long game to destroy the safety net for Americans. If Ratpublicans can keep Americans in destitution they can control you.
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
equitable taxation of the rich is a simple solution. https://www.nytimes.com/2026/06/12/opinion/social-security-benefits-budget.html?smid=nytcore-ios-share
Coming up like never in @nytopinion.nytimes.com : What will we do about the coming crisis of yearly trillion+ deficits in the military spending trust fund? www.nytimes.com/2026/06/12/o...
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o... Jason Furman
www.nytimes.com/2026/06/12/o...
[NYT] SOCIAL SECURITY IS GOING BROKE. WHERE IS THE OUTRAGE?
www.nytimes.com/2026/06/12/o... “Instead of fixing the problem, America is likely to just kick it down the road again, drawing on other parts of the federal budget to pay for the shortfall in this one.” This is a total failure of Congress to do what should be done.
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
maybe we shouldn't have expensive senseless wars www.nytimes.com/2026/06/12/o...?
I disagree I believe that there should NOT be an income cap on SS contributions. The more you make the less it impacts you. Do you think it matters to someone making hundreds of thousands or Millions? And make sure it’s before deductions! www.nytimes.com/2026/06/12/o...
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
www.nytimes.com/2026/06/12/o...
Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2026/06/12/o...
OMFG. Just eliminate the income cap. When I stopped working in 1995 to raise my family the cap was around $60k. It’s over $180k now. Rip the bandaid off already. www.nytimes.com/2026/06/12/o...
www.nytimes.com/2026/06/12/o...
www.nytimes.com/2026/06/12/o...
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
Social Security trustees just announced that the trust fund will be exhausted in just 6 years. Tens of millions of Americans could see benefits cut by 22%. The crisis is closer than anyone in Clinton or Bush years ever imagined we might let it get. #SocialSecurity www.nytimes.com/2026/06/12/o...
www.nytimes.com/2026/06/12/o...
Taxing the rich and corporations at the same limits we are taxed, closing tax loopholes and no more corporate welfare. Problem solved!!! I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
I Worked in the White House. We Never Imagined This Problem Would Get This Bad. www.nytimes.com/2026/06/12/o...
www.nytimes.com/2026/06/12/o...
Social Security Is Going Broke. Where Is the Outrage? (Jason Furman/New York Times) Main Link | memeorandum Permalink
Good piece by @jasonfurman for @nytopinion about the blithe march toward the Social Security cliff, without serious thinking about the hard choices to pay to keep it going. Original post
All Social Security benefits will be reduced by 22% unless congress does something now. Why is nobody talking about this? The Cliff Is Now Clearly in View. Why Are We Stepping on the Gas? www.nytimes.com/2026/06/12/o... @schumer.senate.gov @hakeem-jeffries.bsky.social
The Cliff Is Now Clearly in View. Why Are We Stepping on the Gas? www.nytimes.com/2026/06/12/o...
The Cliff Is Now Clearly in View. Why Are We Stepping on the Gas? www.nytimes.com/2026/06/12/o... There plenty of money for ICE tho, to keep us all orderly . Social Security has security in the name. Now our security is being yanked out from under us.