Worries of Older Americans: Debt Default Threatens Social Security

Millions of Americans face bill payment challenges if the US defaults on financial obligations. The impasse over the debt ceiling puts Social Security and government benefits at risk, with dire consequences for older Americans who rely on them for basic needs. According to the Social Security Administration, a quarter of those aged 65 and above depend on Social Security for 90% of their family income. Fred Gurner, 86, from New York, fears his Social Security payment won’t arrive in time for June rent due to the potential Treasury Department delay.

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