Social Security Trust Fund Projected to Endure for an Additional Year, Trustees Say
Social Security’s trust fund received a one-year reprieve in the 2022 Social Security Trustees report, released late Thursday afternoon. The Trustees project that the combined disability and retirement trust fund will become depleted in 2035 – one year later than predicted last time – if Congress doesn’t take preventative action. When the trust fund becomes insolvent, the Trustees say, Social Security will only be able to pay 80% of scheduled benefits.
Social Security Trustees Project Trust Fund Depletion in 2035
The takeaway from the latest Social Security Trustees report is this: Congress must strengthen the program’s finances without delay. The Trustees project that the combined Social Security retirement and disability trust fund will become depleted by 2035.
All House Dems Should Cosponsor Social Security 2100 Bill
If you are represented by a Democrat in the U.S. House, chances are that your member of Congress has already cosponsored a piece of landmark legislation to boost and strengthen Social Security: Rep. John Larson’s Social Security 2100: A Sacred Trust. In fact, the bill currently has 202 Democratic cosponsors (and zero Republicans). But some Democrats have not signed on as cosponsors.
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Dems, Advocates Push Hard for Social Security Expansion
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Equal Pay Day Brings Home Long-term Costs of Pay Inequality
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The Washington Post is Wrong on Social Security
The Washington Post editorial board is still drinking the conservative Kool-Aid when it comes to Social Security. In an editorial on