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social security (united states)

REPORT: 2M Illinoisans face $500 cut as Social Security faces cliff

(The Center Square) – New data and reports from the Committee for a Responsible Federal Budget have shown that if no legislative action is taken soon, Social Security could run out of money as soon as 2032. Other recently released data from within the federal government reflected the projection agreed the

U.S. lawmakers discuss Social Security, have no plan to prevent insolvency

(The Center Square) – One day after federal trustees warned Congress that Social Security’s retirement trust fund will go insolvent by 2032, a U.S. House subcommittee met to question Social Security Commissioner Frank Bisignano about the program’s future. The program’s insolvency will automatically trigger a benefit cut

Social Security fund to run dry in 2032, automatic cuts loom

(The Center Square) – Social Security's retirement trust fund will be depleted in 2032, triggering an automatic 22% reduction in benefits for about 70 million Americans unless Congress acts, federal trustees warned Tuesday. Social Security paid $1.6 trillion in benefits to 70 million Americans in 2025. The program

The Social Security trust fund will run dry in 2032 – what that means for retirees and workers who hope to retire

The Social Security trust fund will run dry in 2032 – what that means for retirees and workers who hope to retire

(HOUSTON, TEXAS) Every year, the panel overseeing the trust fund for Social Security and Medicare publishes its annual financial report. And every year, its members make clear that the programs’ reserves will be exhausted by the time Gen X retires – meaning they will no longer be able to pay full

Retirees face $5,500 average cut to annual Social Security benefits in 2032

(The Center Square) – Over 60 million Americans could see their monthly Social Security checks slashed by $500 on average starting in 2032, according to a new report analyzing the impacts of the retirement trust fund’s insolvency. Absent immediate major reforms, the retirement trust fund will be exhausted in less

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump

A rapid series of administrative, staffing and policy changes the Social Security Administration underwent early on in the second Trump administration are making it much harder to get disability benefits that millions of Americans rely on to make ends meet. The agency cut more than 7,100 jobs – more than

Iowa voters head to the polls for fierce races

(The Center Square) - Voters in Iowa will head to the polls Tuesday to elect candidates in several high-profile primary races that will be watched across the country. Many of Iowa’s races for the U.S. House are highly anticipated as midterm general elections approach. An open U.S.