Talk of The Villages Florida - View Single Post - Social Security 2023 COLA to be announced Oct 13th
Thread: Social Security 2023 COLA to be announced Oct 13th
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Old 10-14-2022, 05:21 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by Caymus View Post
Congress made a major change to the program in 1983 to keep it "solvent". What knowledge do you have that indicates they won't again?
At some point they will have to as the system will not support current levels of payment without running out of funds.

However this should have been done years ago and the longer they kick the can the more drastic changes will have to be.

There is no doubt that they will have no choice to change the system and reducing payment will mean lots of congressman will need to find new lines of work.