Entitlement-Driven Deficit Pressures
Social Security insolvency 2032 with 22% cut, $500/month average loss. COLA 2027 at 4.7% due to Iran war inflation. Medicare Part A exhaustion 2033. Warren-Moreno payroll tax cap proposal gains momentum; 85% prefer tax increases over benefit cuts. New reform angle: eliminating earnings test to boost revenue. PROMISE Act forces congressional vote. CRFB estimates dual-income couple losing $16,900/year. AARP mobilizes 2M emails.
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Updated Jul 30, 2026