Congress, like usual, will fix Social Security and Medicare. It will be at the last minute and it will consist of raising employee and employer percentages, as well as possibly cut benefits.
I have read funding for social security, at today’s rates, would fund 75% of the current rates,
It won’t be pleasant. But Congress are political animals, they do not want to do the worst possible of having them go down the tubes. Constituencies, especially the over 65 crowd, vote. They would be p o ed and would vote the incumbent out of office. Political survival is a strong instinct in DC.