Social Security Faces Looming Cuts As Lawmakers Weigh Fixes

Social Security Faces Looming Cuts As Lawmakers Weigh Fixes

Social Security recipients could face automatic benefit cuts within the next several years if lawmakers fail to address the program’s growing funding gap. The latest trustees’ projections show the retirement trust fund could be depleted by late 2032. That does not mean Social Security would disappear, but it does mean the program would no longer … Read more