Biden 'doesn't have a plan' on Social Security solvency, Treasury secretary says

Treasury Secretary Janet Yellen has admitted that President Biden "doesn’t have a plan" — only "principles" — when it comes to preventing Social Security from going insolvent around a decade from now. Yellen made the remark on Thursday during a Senate Finance Committee hearing in Washington, D.C., on Biden’s fiscal year 2025 budget. Government projections last year estimated that the Social Security retirement fund could run out of money as soon as 2033, and Biden ha