Marc Goldwein: Social Security is set to go insolvent unless leaders can make tough decisions on reform

Marc Goldwein is the senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for the Washington Examiner, an excerpt of which is below.

Social Security Trustees recently warned that the nation’s largest and most important retirement program is only six years from insolvency, and its already massive projected shortfall has grown by 16%.

Yet as the 2026 midterm elections approach, almost no one is talking about Social Security’s looming crisis. The trust fund is slated to run out of money while the next class of senators is still in office. 

That no candidate in either party is running on a plan to save Social Security is leadership malpractice, and we will all suffer. Perhaps novel trust fund solutions can break the logjam.

Read the entire piece here.

Published works by members or staff of the Committee for a Responsible Federal Budget do not necessarily reflect the views of all members or staff of the Committee.