Discuss the impacts of cutting Social Security benefits on U

Social security benefits refer to the income given to disabled people, qualified retirees, and their children, survivors, and children. Cutting social security benefits will increase the revenue by the government, which reduces the national debt. Moreover, the federal government will have more revenue to spend as compared to the previous period. However, cutting the social security benefit will decrease the social security beneficiaries' revenue, lower their living standards, and increase the poverty levels. In such a scenario, the federal government benefits substantially while the social beneficiaries are hurt.