1 Noteworthy Social Security Quote From the Biden Administration That Retirees Should See
The recent passage of a bill that suspends the debt ceiling until 2025 was a big deal for Social Security recipients because it prevented any possible immediate disruption or pause to benefits, which likely would have been problematic.
But avoiding one disaster does not fix the broader financial issues the Social Security program faces, including a funding shortfall and a potential cut to benefits in 2033 if something isn't done.
Following the passage of the debt ceiling bill, the issue once again found itself in the limelight, prompting a noteworthy response from the Biden administration. Let's take a look.
Source Fool.com
