A Cato Institute survey of 2,000 Americans reveals 83% hold favorable views of Social Security across party lines, with 90% of Democrats and 82% of Republicans supporting the program. However, 70% expect benefit cuts and 30% believe Social Security won't exist when they retire. The poll shows 58% say younger workers receive a worse deal than current retirees, while 62% believe Congress broke promises managing the program. Americans underestimate the severity of financial problems, with 76% unaware the program is extremely underfunded. When told benefits could face nearly 25% cuts starting in 2033, 44% said the problem was more serious than realized. Despite initial support for tax increases, 77% oppose even a $1,300 annual increase. However, 71% favor creating a nonpartisan commission to address Social Security's budget shortfall. (Story URL)
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