*The projected Social Security shortfall reflects decades of upward income redistribution and is significantly smaller than the military spending increase proposed by the Trump administration*
Jun 10, 2026
By @deanbaker13.bsky.social
#Budget #NationalDebt #SocialSecurity
cepr.net/publications...
The 2026 Social Security report projects a 2034 shortfall, but it is far smaller than Trump’s proposed military spending increase.