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Social Security Administration could cut up to 50% of its workforce

  • The Social Security Administration plans to lay off at least 7,000 employees, which could be as high as 50% of its workforce of 60,000, according to sources familiar with the agency's plans.
  • Nancy Altman, president of Social Security Works, stated, "These layoffs will deny many Americans access to their hard-earned Social Security benefits."
  • Senator Ron Wyden expressed concerns that this plan will close field offices, negatively impacting seniors in rural communities.
  • The May 2024 report indicates that Social Security’s trust funds will be unable to pay full benefits beginning in 2035, highlighting the program's financial challenges.
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TAG24 broke the news in on Thursday, February 27, 2025.
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