Social Security's Future Dominates Election Debate as Program Turns 89

With the trust fund projected to deplete by 2033, lawmakers and voters alike demand urgent reforms to ensure continued benefits.

A new CNBC poll shows Social Security is a top issue for voters in the upcoming presidential election.
The Social Security trust fund faces depletion by 2033, risking a 21% cut in retirement benefits unless Congress acts.
Proposals include eliminating taxes on benefits, raising the retirement age, and increasing payroll taxes for high earners.
Experts emphasize the need for a bipartisan solution to address the program's long-term solvency.
Nearly 87% of Americans want immediate action to secure Social Security's future, according to a recent survey.