Social Security is in Trouble Presented by: Dr. David K. Ewen Social Security is facing a daunting financial challenge that threatens its very existence. The trust fund that supports it is projected to run out of funds by 2033, which means that the program will have to rely solely on tax revenues to cover only 77% of the benefits promised to beneficiaries. This sharp reduction in benefits, a staggering 23%, is a cause for concern among recipients and policymakers alike. To address these challenges, several proposals have been suggested, such as increasing taxes or cutting benefits. Yet, implementing any changes would be a Herculean task due to expected opposition. Urgent action is required to prevent the benefits' sudden and drastic reduction, which would have severe consequences for millions of people. The reform principles proposed by experts include long-term self-funding, shared responsibility across generations, adequate benefits for low-income retirees, and limits on future g...