Story thread · 8 reports / 8 sources

Social Security faces benefit cut in 2032 if Congress doesn’t fix funding shortfall - States impacted the most

fox5dc.com · 7d · first reportShare

Social Security’s retirement trust fund will face a funding shortfall in 2032, a year earlier than last year’s projections. If Congress doesn’t act, the "go-broke" date would trigger an automatic cut to benefits. See the projected financial impact for each state if the fund goes insolvent.