Social Security COLAs Have a Serious Flaw. Will Kamala Harris Address Them if She's Elected President?

Social Security is a program that millions of retired Americans rely on today. But the program also has its share of problems.One major issue with Social Security is that the program is facing a revenue shortfall in the coming years as baby boomers exit the workforce in droves. A large uptick in retirement numbers will translate into more benefit claims and less payroll tax revenue for Social Security. If lawmakers don't find a way to pump more money into the program, Social Security may have to cut benefits in about a decade from now.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool