Social Security retirement benefits are not paid out of the general fund so, in theory, the government can't just quickly and easily move money from somewhere else to cover the funding gap.
A new report projects that the Social Security Trust Fund might run out of money within ... and trade policies would improve ...
That’s because the Social Security Administration (SSA) expects the trusts that fund the program to run out in 2034. When that happens, payroll taxes alone will support benefits, providing ...
President Donald Trump’s administration issued a memo Monday ordering widespread federal assistance to be temporarily paused, ...
though it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis. The Congressional Research Service estimated that in December 2023, there were 745,679 people ...