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Trump's Tax Policies Threaten Social Security's Future, Warns Expert

3/4/2026

Summary

Story summary

Martha Shedden warns that U.S. President Donald Trump’s tax policies could jeopardize Social Security beneficiaries.
Shedden is president of the National Association of Registered Social Security Analysts.
Shedden notes that eliminating federal taxes on Social Security, as in Trump's State of the Union, could harm the fund.
The worker-to-beneficiary ratio has declined significantly, accelerating insolvency from 2035 to 2032.
Shedden remains optimistic about legislative solutions to secure Social Security's future.

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Story summary

Martha Shedden warns that U.S. President Donald Trump’s tax policies could jeopardize Social Security beneficiaries.
Shedden is president of the National Association of Registered Social Security Analysts.
Shedden notes that eliminating federal taxes on Social Security, as in Trump's State of the Union, could harm the fund.
The worker-to-beneficiary ratio has declined significantly, accelerating insolvency from 2035 to 2032.
Shedden remains optimistic about legislative solutions to secure Social Security's future.