The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced ...
The Congressional Budget Office projected that the main trust fund Social Security uses to disperse benefits will be depleted in 2032.
The Social Security Administration distributes payments on a rolling schedule each month.
The Congressional Budget Office now estimates that the Social Security retirement trust fund will run out of money in 2032.
The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...
Social Security’s retirement fund is running out of money faster than previously expected, according to a new report released by the Congressional Budget Office (CBO). The updated projections indicate ...
If Social Security’s trust funds were fully depleted, the result would be a roughly 20% across-the-board cut in benefits.
"Inflation may not wait for debt to pile up. It can arrive the moment Congress commits to that debt-ridden path." ...
Higher inflation and lower income taxes on benefits may weigh on the program’s trust funds.