Social Security's insolvency date is now a year earlier. Here's how it could impact your benefits.

USA Today

The Social Security crisis is coming one year earlier than we thought

FOX News

Republicans demand answers on blue state health program accused of leaking patient data to Big Tech

Social Security says 2.5 million retroactive payments have been processed. Here's what to know.

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L.A. Councilmember: We Don’t Know if People Are Being ‘Kidnapped’ by Feds or Copycats, But Know There’s Racism

Trump Vows to 'Save and Cherish Social Security, Medicare, and Medicaid'

CNBC

Social Security retirement trust fund may be depleted in less than a decade, new trustees' report finds

Social Security won’t be able to pay full benefits in 2034 if Congress doesn’t act

Metaculus

Jerome Powell

Oxford Economics

Torsten Sløk

Kristina Hooper

U.S Chamber of Commerce

S&P Global

Goldman Sachs

Howard Lutnick

Polymarket

Peter Berezin

Olu Sonola

Samy Chaar

American Bankers Association

Joseph Brusuelas

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James Doti

Michael Gapen

William J. Luther 

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John Hussman

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Yelena Maleyev

Mike Englund

Steven Hanke

Mark Zandi

Paul Gruenwald

Neil Shearing

Brian Moynihan

J.P. Morgan

Larry Summers

"We believe there will be no recession in 2025."

The likelihood of a recession is "getting close to 50-50."

"Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024."

"The threat of a recession is real."

"Contrary to popular perception, the US is at greater risk of a recession than it was in early 2022."

Will the US Go into Recession in 2025?

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Social Security's combined trust funds will be depleted in 2034, one year earlier than previously projected, according to the annual trustees report released Wednesday. The program will only be able to pay 81% of scheduled benefits once reserves are exhausted, representing a 19% reduction from current levels.</span

Social Security's combined trust funds will be depleted in 2034, one year earlier than previously projected, according to the annual trustees report released Wednesday. The program will only be able to pay 81% of scheduled benefits once reserves are exhausted, representing a 19% reduction from current levels.

The Social Security Fairness Act, which took effect in January 2025, contributed significantly to the accelerated depletion timeline by increasing benefits for approximately 3 million government and public sector workers. The bipartisan legislation repealed provisions that had reduced Social Security payments for public employees with pensions.</span

Washington Times

The Social Security Fairness Act, which took effect in January 2025, contributed significantly to the accelerated depletion timeline by increasing benefits for approximately 3 million government and public sector workers. The bipartisan legislation repealed provisions that had reduced Social Security payments for public employees with pensions.

Medicare's Hospital Insurance trust fund faces depletion in 2033, three years earlier than last year's projection, and will only cover 89% of scheduled benefits afterward. Higher-than-expected spending on hospital and hospice care in 2024 drove the worsened outlook for the program serving 67.6 million Americans.</span

The Hill

Medicare's Hospital Insurance trust fund faces depletion in 2033, three years earlier than last year's projection, and will only cover 89% of scheduled benefits afterward. Higher-than-expected spending on hospital and hospice care in 2024 drove the worsened outlook for the program serving 67.6 million Americans.

The trustees recommended that lawmakers address the projected trust fund shortfalls in a timely manner to allow for gradual implementation of changes. Social Security's financing gap could be closed by raising the payroll tax rate by 3.65 percentage points or reducing all benefits by 22.4% over the next 75 years.

New York Times

The trustees recommended that lawmakers address the projected trust fund shortfalls in a timely manner to allow for gradual implementation of changes. Social Security's financing gap could be closed by raising the payroll tax rate by 3.65 percentage points or reducing all benefits by 22.4% over the next 75 years.

A major budget bill currently making its way through Congress will cut taxes, as well as Medicaid and other entitlements. But Medicare will go through almost no changes. President Donald Trump has said Social Security will not be touched as well.

A major budget bill currently making its way through Congress will cut taxes, as well as Medicaid and other entitlements. But Medicare will go through almost no changes. President Donald Trump has said Social Security will not be touched as well.

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House Republicans sent a letter to California's Covered California demanding answers about alleged leaking of private patient data to third-party entities including LinkedIn and Google. The state-run health insurance exchange had more than 60 active "trackers" collecting sensitive information without patient consent before removing them in April.</span

FOX News #5847

House Republicans sent a letter to California's Covered California demanding answers about alleged leaking of private patient data to third-party entities including LinkedIn and Google. The state-run health insurance exchange had more than 60 active "trackers" collecting sensitive information without patient consent before removing them in April.

Los Angeles City Councilwoman Monica Rodriguez stated that ICE raids have "created an environment where people are getting abducted" and claimed federal agents are operating without proper documentation or judicial warrants. She attributed the enforcement actions to "punitive action that is just targeting people of color" rather than sanctuary city policies.</span

Breitbart #1824

Los Angeles City Councilwoman Monica Rodriguez stated that ICE raids have "created an environment where people are getting abducted" and claimed federal agents are operating without proper documentation or judicial warrants. She attributed the enforcement actions to "punitive action that is just targeting people of color" rather than sanctuary city policies.

The trustees recommended that lawmakers address the projected trust fund shortfalls in a timely manner to allow for gradual implementation of changes. Social Security's financing gap could be closed by raising the payroll tax rate by 3.65 percentage points or reducing all benefits by 22.4% over the next 75 years.</span

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Washington Post

Washington Post #

Social Security's financial problems stem from decades of political giveaways and poor fiscal management, with recent benefit expansions accelerating the trust fund's insolvency by six months. The focus should be on eliminating waste, fraud and abuse rather than raising taxes, as these efficiently-run programs already have minimal overhead costs. Real reform requires addressing structural imbalances, not populist handouts.

Social Security's financial problems stem from decades of political giveaways and poor fiscal management, with recent benefit expansions accelerating the trust fund's insolvency by six months. The focus should be on eliminating waste, fraud and abuse rather than raising taxes, as these efficiently-run programs already have minimal overhead costs. Real reform requires addressing structural imbalances, not populist handouts.

5357818 Social Securitys Go Broke Date Pushed Up In New Report

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Social Security, Medicare Face Earlier Insolvency Dates

Health insurance & managed care

Insurance

Finance

Medicare

This crisis demands immediate action to prevent devastating benefit cuts for millions of retirees who paid into the system their entire working lives. Congress must raise revenue by lifting the income cap on payroll taxes, making wealthy Americans pay their fair share of earnings. These programs represent a sacred promise to American workers and seniors.

This crisis demands immediate action to prevent devastating benefit cuts for millions of retirees who paid into the system their entire working lives. Congress must raise revenue by lifting the income cap on payroll taxes, making wealthy Americans pay their fair share of earnings. These programs represent a sacred promise to American workers and seniors.

Lettersfromiowans

Please stop screaming 'Crisis' on Social Security and just 'scrap the cap' already

Social Security Benefits Could Be Cut in 8 Years Unless Congress Acts

Social Security's fi.nancial problems stem from decades of political giveaways and poor fiscal management, with recent benefit expansions accelerating the trust fund's insolvency by six months. The focus should be on eliminating waste, fraud, and abuse rather than raising taxes. Real reform requires addressing structural imbalances, not populist handouts

Social Security's fi.nancial problems stem from decades of political giveaways and poor fiscal management, with recent benefit expansions accelerating the trust fund's insolvency by six months. The focus should be on eliminating waste, fraud, and abuse rather than raising taxes. Real reform requires addressing structural imbalances, not populist handouts

Social Security Medicare Insolvency Dates Move 2033

Social Security, Medicare Face Earlier Insolvency Dates

Social Security, Medicare Face Earlier Insolvency Dates

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Social Security, Medicare Face Earlier Insolvency Dates

Social Security, Medicare Face Earlier Insolvency Dates

The Spin

The Controversies

Sløk

Summers

Commerce

Sonola

Berezin

Articles on this story

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