Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
7 Benefit Adjustments That Could Help Save Social Security
By John ManganaroActing soon would allow for tax increases and benefit reductions to be phased in gradually, a report argues.
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.
June 06, 2023
Social Security Cuts on the Table as McCarthy Assembles CommissionHouse Speaker Kevin McCarthy intends to create a group to scrutinize spending, including on Social Security and Medicare.