trump inflation fed winter rates interest price prices show steel

Social Security benefits face big cuts in 2033, unless Congress acts

Social Security benefits face big cuts in 2033, unless Congress acts

Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.

Comments

Similar News

Social Security, Medicare insolvency dates move up to 2033

about 4 hours ago

Social Security fund could run dry ahead of earlier forecast, trustees say

about 5 hours ago

Own, a new social media app, aims to tokenize the creator economy

Warning over deepfake scams featuring stock-picking veterans such as Anthony Bolton and Peter Hargreaves on social media

Inside DOGE’s chaotic takeover of Social Security

Why Beauty ROI Is Driven By Social Conscience And Sustainability

My teens' social lives are thriving, but my wallet isn't. Dances, movie tickets, and mall outings add up.

Rochelle Humes' new denim dress from Next has shoppers swooning on social media

So social media has broken even Elon Musk. I’m forced to ask: U OK hun? | Marina Hyde

Musk-Trump war of words likely puts kibosh on rumored Truth Social buyout — or will it?

Why there's an unexpected surge in people claiming Social Security

Elon Musk backs off from feud with Trump, saying he regrets social media posts that 'went too far'

Elon Musk backs off from feud with Trump, saying he regrets social media posts that 'went too far'

From defence to social housing: Rachel Reeves's spending review in two minutes – video

A boomer quit nursing to live on $2,972 monthly in Social Security in an RV in America's parks: 'I literally live in heaven'

ABC Says Terry Moran, Suspended for Social Media Posts, Will Not Return

Social media creators to overtake traditional media in ad revenue this year

It’s crunch time for Starmer and Reeves: either build social housing or lose the next election | John Harris

Ahead Of Tonys, ‘Buena Vista Social Club’ Drops Broadway Cast Digital Album

Reeves urged to fund libraries, parks and social centres in left-behind areas

Business News

Amazon hopes to deliver 10,000 robotaxis annually with new factory, challenging Waymo

washington times

Amazon hopes to deliver 10,000 robotaxis annually with new factory, challenging Waymo

about 1 hour ago

Tampa Bay Rays say they are in talks for a potential sale amid stadium uncertainty

washington times

Tampa Bay Rays say they are in talks for a potential sale amid stadium uncertainty

about 1 hour ago

Report finds 88% of skilled trade credentials have no impact on wages

washington times

Report finds 88% of skilled trade credentials have no impact on wages

about 1 hour ago

High-value deals, defense industry drama dominate Paris Air Show

washington times

High-value deals, defense industry drama dominate Paris Air Show

about 1 hour ago

FDA approves the world's only twice-a-year shot to prevent HIV

washington times

FDA approves the world's only twice-a-year shot to prevent HIV

about 1 hour ago

How major US stock indexes fared Wednesday, 6/18/2025

How major US stock indexes fared Wednesday, 6/18/2025

about 1 hour ago

US plans to open fly factory in Texas as part of fight against flesh-eating parasite

US plans to open fly factory in Texas as part of fight against flesh-eating parasite

about 1 hour ago

Honda recalls more than 259,000 cars across the US due to brake pedal issue

Honda recalls more than 259,000 cars across the US due to brake pedal issue

about 1 hour ago

Yes, more and more celebrities are entering the phone business. Here's why

Yes, more and more celebrities are entering the phone business. Here's why

about 1 hour ago

Millions more families to get £150 off energy bills this winter

Millions more families to get £150 off energy bills this winter

about 1 hour ago

Microsoft prepared to walk away from high-stakes talks with OpenAI: report

Microsoft prepared to walk away from high-stakes talks with OpenAI: report

about 1 hour ago

Pro-Israel hackers steal $90M in massive Iranian crypto heist — but may have lost all of the loot for good: reports

Pro-Israel hackers steal $90M in massive Iranian crypto heist — but may have lost all of the loot for good: reports

about 1 hour ago

Defunct NYC wine shop Sherry-Lehmann sues ex-owners, Pulitzer-winning NYT journalist over ‘press smear campaign’

Defunct NYC wine shop Sherry-Lehmann sues ex-owners, Pulitzer-winning NYT journalist over ‘press smear campaign’

about 1 hour ago

Millions more people to get £150 winter energy discount after rule change

Millions more people to get £150 winter energy discount after rule change

about 1 hour ago

Tariffs hit US economy forecast but central banker unmoved by latest Trump threats

Tariffs hit US economy forecast but central banker unmoved by latest Trump threats

about 1 hour ago

Warm Home Discount extended to 2.7 million more households

Warm Home Discount extended to 2.7 million more households

about 1 hour ago

Millions more families to save £150 on energy bills - how it will work

Millions more families to save £150 on energy bills - how it will work

about 1 hour ago

Everything you need to know about DWP disability benefit cuts as major changes unveiled

Everything you need to know about DWP disability benefit cuts as major changes unveiled

about 1 hour ago

BP's £7.4bn boost for UK: Oil giant pays billions in taxes and supports 60,000 jobs

BP's £7.4bn boost for UK: Oil giant pays billions in taxes and supports 60,000 jobs

about 1 hour ago

Fed chief Powell's stubborn defiance on interest rates risks an avoidable downturn, says ALEX BRUMMER

Fed chief Powell's stubborn defiance on interest rates risks an avoidable downturn, says ALEX BRUMMER

about 1 hour ago

Santander eyes TSB takeover after rival Sabadell puts the British lender up for sale

Santander eyes TSB takeover after rival Sabadell puts the British lender up for sale

about 1 hour ago

Stagflation fears as US Federal Reserve resists pressure from Donald Trump to keep interest rates on hold

Stagflation fears as US Federal Reserve resists pressure from Donald Trump to keep interest rates on hold

about 1 hour ago

Embrace risk to boost growth, pleads boss of London's struggling AIM junior market

Embrace risk to boost growth, pleads boss of London's struggling AIM junior market

about 1 hour ago

German insurer Allianz slashes 650 British jobs amid 'higher claims costs and softening market conditions'

German insurer Allianz slashes 650 British jobs amid 'higher claims costs and softening market conditions'

about 1 hour ago

American Express makes major British Airways points change after customers' fury

American Express makes major British Airways points change after customers' fury

about 2 hours ago

Microsoft planning to ax thousands of sales jobs as focus shifts to AI: report

Microsoft planning to ax thousands of sales jobs as focus shifts to AI: report

about 2 hours ago

How EchoStar boss managed to get key sit-down with Trump – and stave off likely demise

How EchoStar boss managed to get key sit-down with Trump – and stave off likely demise

about 2 hours ago

Jennifer Garner’s baby food company Once Upon a Farm files for IPO: report

Jennifer Garner’s baby food company Once Upon a Farm files for IPO: report

about 2 hours ago

What are the stakes in Strait of Hormuz if Iran-Israel conflict worsens?

What are the stakes in Strait of Hormuz if Iran-Israel conflict worsens?

about 3 hours ago

Wine shortage warning as workers at UK bottling factory planning summer strike

Wine shortage warning as workers at UK bottling factory planning summer strike

about 3 hours ago

The Silicon Valley leaders who have experimented with psychedelics

The Silicon Valley leaders who have experimented with psychedelics

about 3 hours ago

The new American dream? Buying and renting out vacation homes in Italy.

The new American dream? Buying and renting out vacation homes in Italy.

about 3 hours ago

Everything Dakota Johnson has worn this year, ranked from least to most daring

Everything Dakota Johnson has worn this year, ranked from least to most daring

about 3 hours ago

Zelenskyy opens up about his White House clash with Trump in exclusive interview

Zelenskyy opens up about his White House clash with Trump in exclusive interview

about 3 hours ago

I tried 32 of Trader Joe's seasonal summer products, and there are only a few I wouldn't buy again

I tried 32 of Trader Joe's seasonal summer products, and there are only a few I wouldn't buy again

about 3 hours ago

CEOs haven't felt this gloomy about the economy since the pandemic

CEOs haven't felt this gloomy about the economy since the pandemic

about 3 hours ago

Iran's F-14 Tomcats are the last of their kind. Israel's been blowing some of them up.

Iran's F-14 Tomcats are the last of their kind. Israel's been blowing some of them up.

about 3 hours ago

As an AI entrepreneur, will.i.am says data privacy and training the next generation should be prioritized

As an AI entrepreneur, will.i.am says data privacy and training the next generation should be prioritized

about 3 hours ago

The US Navy's most advanced aircraft carrier is readying to deploy to Europe again

The US Navy's most advanced aircraft carrier is readying to deploy to Europe again

about 3 hours ago

A woman who retired early at 58 thought she was ready with over $500,000 in savings. A few years later, it was gone.

A woman who retired early at 58 thought she was ready with over $500,000 in savings. A few years later, it was gone.

about 3 hours ago

Meta's Scale AI deal has clients like Google halting projects, contractors scrambling, and one investor bailing out

Meta's Scale AI deal has clients like Google halting projects, contractors scrambling, and one investor bailing out

about 3 hours ago

Lyft CMO Brian Irving talks 'customer-obsessed' marketing and product development

Lyft CMO Brian Irving talks 'customer-obsessed' marketing and product development

about 3 hours ago

Pro-Trump media figures split over the U.S. role in the Israel-Iran conflict

Pro-Trump media figures split over the U.S. role in the Israel-Iran conflict

about 3 hours ago

Key takeaways from today’s Fed meeting and Powell’s news conference

Key takeaways from today’s Fed meeting and Powell’s news conference

about 3 hours ago

New Owner for High Times Magazine Bets on a Counterculture Comeback

New Owner for High Times Magazine Bets on a Counterculture Comeback

about 3 hours ago

Deontay Wilder Ahead Of Comeback Fight: I Never Thought About Quitting

Deontay Wilder Ahead Of Comeback Fight: I Never Thought About Quitting

about 3 hours ago

Trump Administration Closes LGBTQ+ Suicide Prevention Support

Trump Administration Closes LGBTQ+ Suicide Prevention Support

about 3 hours ago

2025 Ohio Derby Odds And Picks: Can Clever Again Get Back On Track?

2025 Ohio Derby Odds And Picks: Can Clever Again Get Back On Track?

about 3 hours ago

Heed General Mattis’ Warning, D.C.: Less Diplomacy Means ‘More Ammunition’

Heed General Mattis’ Warning, D.C.: Less Diplomacy Means ‘More Ammunition’

about 3 hours ago

The Fed Opts Not To Cut Interest Rates Again—Even As Trump Ups Attacks On Fed Boss Powell

The Fed Opts Not To Cut Interest Rates Again—Even As Trump Ups Attacks On Fed Boss Powell

about 3 hours ago

Supreme Court Wades Into Louisiana’s Coastal Erosion Lawsuit Issue

Supreme Court Wades Into Louisiana’s Coastal Erosion Lawsuit Issue

about 3 hours ago

Social Security, Medicare insolvency dates move up to 2033

washington times

Social Security, Medicare insolvency dates move up to 2033

about 4 hours ago

Federal judge to deny Trump administration's motion to dismiss lawsuit over block on wind projects

Federal judge to deny Trump administration's motion to dismiss lawsuit over block on wind projects

about 4 hours ago

Martin Lewis's MSE shares update on £70 payout from Mastercard

Martin Lewis's MSE shares update on £70 payout from Mastercard

about 4 hours ago

Will employers be targeted for hiring undocumented workers?

Will employers be targeted for hiring undocumented workers?

about 4 hours ago

Switching off RTS energy meter system to be delayed, says Government

Switching off RTS energy meter system to be delayed, says Government

about 4 hours ago

Texas Instruments to spend $60B to boost US chip manufacturing under Trump push

Texas Instruments to spend $60B to boost US chip manufacturing under Trump push

about 4 hours ago

Nike delays launch for new brand with Kim Kardashian’s Skims over production delays

about 4 hours ago

Pope Leo says AI threatens humanity and ‘poses challenges to human dignity, justice and labor’

Pope Leo says AI threatens humanity and ‘poses challenges to human dignity, justice and labor’

about 4 hours ago

Federal Reserve keeps interest rates unchanged — says uncertainty over tariffs has ‘diminished’

Federal Reserve keeps interest rates unchanged — says uncertainty over tariffs has ‘diminished’

about 4 hours ago