Anonymous11 days ago
The 2025 Social Security Trustees Report projects the combined OASI and DI trust funds will be depleted by 2034, triggering an automatic 23% benefit cut for roughly 70 million Americans unless Congress acts. With a 75-year actuarial deficit of 3.82% of payroll — the largest since 1977 — and the CBO projecting an even earlier 2032 exhaustion date, the window for gradual reform is rapidly closing as each year of inaction forces steeper adjustments on fewer cohorts of workers and retirees.