The “undertaking 2025 plan for social safety” is a long-range planning effort by the Social Safety Administration (SSA) to make sure the long-term solvency of the Social Safety program. The plan contains quite a lot of proposed adjustments to this system, reminiscent of elevating the retirement age, rising the payroll tax fee, and lowering advantages for high-income earners.
The plan has been controversial, with some arguing that it’s obligatory to avoid wasting Social Safety from chapter, whereas others argue that it might unfairly burden low- and middle-income People. The SSA has stated that the plan is just not a proposal to chop advantages, however slightly a manner to make sure that this system can proceed to offer advantages to future generations.
