Delaying Social Security Reform Raises Risks for Bond Markets and Economy Social Security's impending trust fund depletion has been a persistent concern in fiscal policy discussions, but its consequences are only beginning to be fully understood.
Research from the Mercatus Center at George Mason University warns that delaying reform could send shockwaves through the bond market and economy, threatening fiscal stability.
Scheduled benefits may be payable by 78% by 2032, with the trust fund depleted just three months later.