News
Rutgers Law Expert Explains Social Security Funding Crisis
11+ hour, 39+ min ago (333+ words) The latest reporting warns that Social Security could face across-the-board benefit cuts in the coming years. Is it accurate to describe Social Security as "running out of money?" How quickly would changes need to be implemented to avoid or minimize…...
U. S. Social Security insolvency risk sharpens pressure for tax overhaul
1+ day, 19+ hour ago (206+ words) Traders Union Mounting financial strain on U. S. Social Security is narrowing the timeline for lawmakers to address the program's funding gap. The latest annual assessment puts the system about six years from insolvency, raising the prospect that senators elected in November…...
Social Security Benefits Face a Looming Challenge as Congress Eyes Difficult Fixes
1+ day, 17+ hour ago (399+ words) New projections indicate that the Social Security trust fund supporting retirement benefits could be depleted by late 2032 without legislative action. Lawmakers from both parties have responded with competing proposals that would either raise new revenue, adjust benefits, or pursue alternative…...
The $160 Billion Social Security Shortfall Is Just the Beginning
2+ day, 19+ hour ago (729+ words) Social Security ran a $160 billion deficit in 2025, and trustees project the shortfall will keep widening every year through their 75-year window. The OASI Trust Fund depletes in Q4 2032, automatically cutting benefits to 78% of their current level. For someone receiving $2, 000, that would…...
Social Security Faces a $29. 3 Trillion "Unfunded Obligation" as Trump Officials Pitch Immediate 25% Benefit Cut for All Retirees - AOL
2+ day, 19+ hour ago (74+ words) If you opened your phone this morning to a notification claiming Washington wants to slash your Social Security check by a quarter starting next January, you are not alone in feeling a jolt. The figure driving the headlines is real:…...
Terry Savage: Insolvency looms for Social Security. What will we do?
6+ day, 7+ hour ago (747+ words) Social Security'is running out of money in its main trust fund. The latest Trustees report predicts that'Social Security'will become "insolvent" in 2032 " one year earlier than previously expected. Before you panic, you should know that "insolvent" is a technical term. It…...
Fix Social Security. .. No, Seriously.
6+ day, 8+ hour ago (533+ words) Washington's policy making debate is often a tangle of jargon, hyperbole, shape-shifting rhetoric and outright lies." All that makes it difficult, if not impossible, for the average concerned citizen to understand what is going on. And that makes the most…...
Growing U. S. inequality is worsening Social Security's financial crunch, group says
1+ week, 1+ day ago (756+ words) (CBS NEWS) " Social Security's looming funding crisis'is usually blamed on demographics, with an aging U. S. population and declining birth rates leaving fewer workers to support retirees. But another force is also draining the program's finances: widening income inequality. In the last…...
Comptroller warns National Insurance will be unable to fund its welfare commitments by 2035
1+ week, 1+ day ago (469+ words) Report on Israel's preparations to deal with aging population finds state welfare agency burning through its reserves at an alarming rate since implementation of 2018 reform...
Fixing Social Security crisis "is not going to be pleasant," Pa. congressman says
1+ week, 4+ day ago (892+ words) As a member of the powerful House Ways and Means Committee, U. S. Rep. Mike Kelly could soon find himself on the front lines of grappling with a projected shortfall facing the nation's Social Security retirement program. Ways and Means, the chief…...