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Social Security Is Owed Tens of Billions of Dollars, and the Donald Trump Administration Aims to Collect. Will Your Benefit Be Garnished?

6 August 2025
in Business
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Social Security Is Owed Tens of Billions of Dollars, and the Donald Trump Administration Aims to Collect. Will Your Benefit Be Garnished?
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Social Security is vital for most retirees, with 86% relying on it as a significant source of income, yet the program faces a $25.1 trillion funding deficit over the next 75 years. Without reforms, retirees could face benefit cuts of up to 23% by 2033, jeopardizing their financial stability.

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Tags: administrationaimsbenefitbillionscollectdollarsDonaldgarnishedOwedsecuritySocialtensTrump
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