The Well and the Rain

Ren runs up: Social Security's retirement trust fund runs dry in 2032. Granny Ume: a well runs dry, but the rain still comes; payroll tax keeps flowing. Mio: so what do they get? Granny: seventy-eight cents of each dollar, a 22 percent cut for more than 60 million people, unless Congress raises taxes, cuts benefits, or both. Six years left, and they have known longer. Poko: Poko saves acorns.

Social Security's retirement trust fund is expected to run dry in 2032, six years from now; after that incoming payroll tax would cover only 78% of benefits, a 22% cut for more than 60 million Americans unless Congress acts by raising taxes, cutting benefits or both, and lawmakers have known for years while being slow to act.

Starring

RenGranny UmeMioPoko