Trump Administration Faces Security Breach Over Yemen War Plans

A recent study from the National Bureau of Economic Research reveals that approximately 1.7 million excess deaths among Americans aged 25 and older due to COVID-19 will yield an estimated reduction of $205 billion in future Social Security payouts. With many of the deceased being seniors who had either begun receiving benefits or would soon qualify, the study suggests that these premature deaths will not trigger retirement payments, which would have cost the trust fund about $294 billion. However, this financial benefit is somewhat offset by decreased tax revenue and increased survivor benefits, as noted by the researchers. Most affected individuals were white Americans, with disproportionate impacts on Black and Hispanic populations. Additionally, while these excess deaths have somewhat improved the financial outlook for Social Security, the consequences of long COVID may lead to reduced workforce participation, thus affecting future funding levels, according to the authors affiliated with the University of Southern California and the University of Illinois Urbana-Champaign.