Social Security's Future at Risk

Social Security’s future hangs in the balance as new trustees’ projections reveal the retirement trust fund will run out by 2033—just a decade away—and disability funds by 2034, a year earlier than last year. A recent law, the Social Security Fairness Act, is blamed for increasing costs by undoing benefit cuts for public sector retirees. With Congress already in session, lawmakers are pushing bold fixes: Bernie Sanders and John Larson propose taxing high earners to fund boosts, while Warren and Moreno offer bipartisan support for raising the payroll tax cap. With 70 million Americans depending on the program, the clock is ticking—and action now could mean more options, not just survival, for future generations. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/da3faeebde0b9bdd