Episode
Higher Earners, Benefit Caps, and Payroll Taxes: Social Security's Tough Choices
- Podcast
- Broadcast Retirement Network
- Published
- Jul 17, 2026
- Duration seconds
- 1100
- Processing state
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Summary
AEI's Andrew Biggs, CRFB's Marc Goldwein and CBPP's Kathleen Romig break down what Social Security’s “crisis” really means—because it’s not simply “bankruptcy.” The core issue is a funding timing problem: the program’s trust fund is projected to run down, and by around 2032, there likely won’t be enough dedicated revenue to pay the full level of scheduled benefits.