Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
House Panel to Take Up Bill to 'Fast Track' Social Security Cuts
By Melanie WaddellThe Budget Committee plans to review Wednesday the Fiscal Stability Act, which would set up a fiscal commission.
October 31, 2023
7 Money-Raisers That Could Help Save Social Security (If We Act Now)Acting sooner means more options and less pain, according to the American Academy of Actuaries.
August 14, 2023
Here's the Size of Social Security Cuts if Congress Doesn't Act Soon: CRFBThe 70 million retirees, dependents and survivors collecting benefits could face steep cuts as soon as 2033.
August 08, 2023
90% of Americans Plan to Claim Social Security Before 70: SurveyThe choice not to wait for larger benefit payments is a deliberate one, the survey found.
July 31, 2023
Would a Higher Social Security Claiming Age Boost the Economy?Projections show that one of the program's trust funds will run out of reserves by 2033, which would result in an immediate 23% benefit cut.
July 31, 2023
Social Security's Improper Payment Exchange Is Overdue, Lawmakers SayThe House Ways and Means Committee chairman says the SSA is already seven years late on implementing the program.
July 11, 2023
No, Social Security Shouldn't Invest in Stocks: ResearchersExperts say there are strong arguments on both sides, but the bigger concern is whether it's too late.
June 30, 2023
What if Social Security Went Bust and Kept Paying Full Benefits?A new CBO report examines this theoretical scenario.