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Future Is Uncertain
Much of the current Social Security debate centers on its uncertain future.
Those taxes currently cover only about 77% of benefits.
Beyond that, there is general dissatisfaction about howeffective current Social Security checksare at paying the bills.
But she has worked closely with Biden on formulatingvarious fiscal policies.
While serving in theU.S.
Harris is unlikely to cut benefits forSocial Security recipientsas a way of dealing with the looming funding shortfall.
Minnesota is one of only 12 states that still impose state income taxes on benefits.
Meanwhile, last year, Walz increased thestate tax exemptionfor Social Security benefits in Minnesota, CNBC reported.
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