Challenge 2025 is a long-term plan to strengthen Social Safety and guarantee its monetary stability for future generations. It was developed by the Social Safety Administration (SSA) in response to the projected depletion of the Social Safety Belief Fund by 2035.
The plan contains various proposals to extend income and cut back spending, corresponding to elevating the retirement age, growing the payroll tax price, and decreasing advantages for rich retirees. These proposals have been met with some opposition, however the SSA believes that they’re vital to make sure the long-term solvency of Social Safety.
