Aug 20, 2026

Americans Have Ideas On “Saving" Social Security

      From a press release issued by Nationwide Insurance:

Despite widespread political divisions, Americans across political party lines largely agree that Social Security needs reform. According to the Nationwide Retirement Institute's 2026 Social Security Survey, 80% of U.S. adults who receive or expect to receive Social Security say the system needs to change, including 82% of Democrats and 78% of Republicans.

The agreement extends to potential solutions. The same three proposals were ranked as the most popular approaches to strengthening Social Security among both Democrats and Republicans:

  1. Increase taxes on higher earners to increase funding: 51% overall, including 56% of Democrats and 43% of Republicans
  2. Increase funding through taxes paid by employers: 42% overall, including 44% of Democrats and 42% of Republicans
  3. Reduce or eliminate benefits for individuals with incomes above a certain threshold: 38% overall, including 38% of Democrats and 37% of Republicans. 

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