NEW YORK, N.Y. – A recent assessment by the Federal Reserve Bank of New York has revealed that a record number of Americans expect reduced help from public safety net programs in the future.
The assessment indicates that consumers believe the United States will reduce housing aid, student aid, welfare, and Medicare within the next 12 months.
Additionally, the report highlights that more Americans anticipate an increase in the age required to claim Social Security benefits.
The findings also show that a growing number of consumers expect a decrease in unemployment benefits.
This assessment reflects a shift in public perception regarding the availability and reliability of government support programs.
The Federal Reserve Bank of New York's findings offer vital insights into consumer exp