Veytics Intelligence
2026-09-17 · CNBC

Lawmakers must 'keep their options open' on Social Security reform, former Treasury Secretary Jack Lew says

Social Security will run out of enough income to fully pay benefits during the next presidency, former Treasury Secretary Jack Lew said during an interview on CNBC's " The Exchange " on Thursday. While Congress may not be eager to handle the program's issues now, "it can't be too many years off," said Lew, a professor at Columbia University's School of International and Public Affairs. "I would certainly caution anyone running for president the next time or running for the Senate to keep their options open," Lew said. Social Security provides monthly benefits to more than 75 million Americans, including people who are retired or disabled, as well as their families, according to July data from the agency.

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