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Social Securityin Financial Markets
4 hours ago

Social Security and Medicare face looming insolvency, with potential benefit cuts in 8 years unless Congress intervenes, while a Senate proposal aims to alter Social Security and SALT deductions.

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Financial Markets
Social Security Benefits Could Be Cut in 8 Years Unless Congress Acts
negativeFinancial Markets
Social Security benefits might shrink in just eight years if lawmakers don’t step in to fix the program’s funding gap. Right now, the system is on track to run short of cash, which could force automatic cuts unless Congress finds a solution—something they’ve struggled to agree on for years.
Editor’s Note: This isn’t just a far-off problem—millions of retirees and future beneficiaries could see smaller checks at a time when many are already struggling with rising costs. It’s a wake-up call for politicians to act, but with Washington’s track record, there’s no guarantee they will. If you’re counting on Social Security, this is worth keeping an eye on.
Social Security’s Trust Funds Will Run Out of Money in Less Than 10 Years
negativeFinancial Markets
Social Security’s trust funds are on track to be depleted within a decade, leaving lawmakers with a tight deadline to shore up the program. Without action, benefits could be slashed—something millions of retirees and workers are banking on not happening.
Editor’s Note: This isn’t just a budget problem—it’s a pocketbook issue for nearly every American. Social Security isn’t going away, but if the funds dry up, automatic benefit cuts kick in. That means less money for retirees, disabled workers, and families who rely on the program. The political fight over fixes (tax hikes, benefit trims, or both) is about to get a lot louder.

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