US EditionHiltzik: Social Security Is Still in Good Shape but Faces Challenges — From Trump
- During its broadcasts, CBS coverage warned that Social Security will run out of funds by 2033, highlighting the looming insolvency crisis.
- Census data show Baby Boomer retirements increase beneficiaries faster than contributors, with older adults outnumbering children in 11 states, worsening Social Security’s funding gap.
- Data confirm a 23% benefit reduction, cutting average payments from $2,000 to $1,540 as 11,000 Baby Boomers turn 65 daily, with a 22% shortfall in benefits.
- This imbalance between beneficiaries and contributors risks economic strain, with the trust fund depleting by 2033, leaving too few workers to sustain payouts.
- Congress could amend laws to expand benefits, but legal authority, not funding, limits payments, delaying long-term solutions.
20 Articles
20 Articles
Social Security Is Fiscally Sound-- Unless Republicans Screw Us All
Last week’s release of the 2025 Social Security Trustees Report provoked a lot of teeth gnashing, hair pulling, and gasket blowing about the program facing insolvency. To those of you who are freaking out, please stay calm. While pundits can make a good living promoting scare stories about Social Security, their nightmare scenarios have little basis in reality.To be clear, the most recent trustees report does show the program will face a shortfa…
Social Security and Medicare are racing toward drastic cuts—yet lawmakers refuse to act
Considering recent news, you may have missed that the 2025 trustees reports for Social Security and Medicare are out. Once again, they confirm what we've known for decades: Both programs are barreling straight toward insolvency. The Social Security retirement trust fund and Medicare Hospital Insurance trust fund are each on pace to run dry by 2033. When that happens, seniors will face an automatic 23 percent cut in their Social Security benefits…
Hiltzik: Social Security is still in good shape but faces challenges — from Trump
The annual reports of the Social Security and Medicare trustees provide yearly opportunities for misunderstandings by politicians, the media, and the general public about the health of these programs. This year is no exception. Read more...
LA Daily News
Social Security and Medicare’s trustees have spoken. Will pols listen before the cuts hit?
Considering recent news, you may have missed that the 2025 trustees reports for Social Security and Medicare are out. Once again, they confirm what we’ve known for decades: Both programs are barreling straight toward insolvency. The Social Security retirement trust fund and Medicare Hospital Insurance trust fund are each on pace to run dry by 2033. When that happens, seniors will face an automatic 23% cut in their Social Security benefits. Medic…
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