The United States wants to completely change its Social Security system. The alarm has gone off because the trust fund that supports pensions is running out, and it is estimated that it could be depleted in less than a decade. Although there are no firm decisions yet, proposals are already on the table: from raising the retirement age to reducing benefits. Among those leading the debate are Donald Trump and Elon Musk, of course, the two most controversial voices of this year.
What once seemed unthinkable is starting to sound louder and louder. The system, as we know it, is in danger. And this is especially concerning for those who rely most on their monthly pension to survive, our elderly and people with disabilities. Because if no action is taken soon, automatic cuts of 20% in payments could occur starting in 2035.
Why has this debate opened up?
The problem has a clear root: there are more and more retirees and fewer active workers supporting the system with their contributions. And without a balance between what comes in and what goes out, the trust fund will eventually run out.
Since it was created in 1935, Social Security has been the financial support for millions of older Americans, people with disabilities, and families. But the demographic reality has changed. And with it, the urgency to do something to prevent the system from collapsing.
What are Trump and Musk proposing?
The proposals being discussed are not exactly the same, but they point in the same direction: to make the system sustainable in the long term, even if that means making tough and controversial decisions like the ones Musk has been making with DOGE.
Raise the retirement age
One of the most repeated ideas is to raise the retirement age from 67 to 70. This would reduce the time the system has to pay benefits. But it would also leave those working in physical sectors or those reaching 60 without real job options in a difficult situation.
Reduce payments to new retirees
Another proposal is to cut benefits for those who retire in the future. Those close to retirement may not notice the hit, but younger generations will: after years of contributing, they would receive less than expected.
Cut public spending in other areas
There is also talk of cutting government spending in other programs to redirect funds to Social Security. It sounds good on paper, but experts warn: this doesn’t always translate into real relief for the system.
Hellbound and Down 