Mission 2025 for Social Safety is a set of reforms proposed to deal with the long-term monetary challenges going through the Social Safety program in the US. This system is going through quite a few challenges, together with an growing old inhabitants, rising longevity, and a decline within the variety of staff supporting every retiree.
The reforms proposed underneath Mission 2025 are designed to deal with these challenges and make sure the long-term solvency of the Social Safety program. The reforms embrace quite a few measures, similar to rising the retirement age, adjusting the method for calculating advantages, and elevating the payroll tax price. If carried out, these reforms would assist to make sure that Social Safety continues to offer a security internet for retirees sooner or later.