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Grim new Social Security outlook revealed as checks set to shrink by huge sums
UK Daily Mail ^ | 7/24/2025 | Tilly Armstrong

Posted on 07/24/2025 2:05:51 PM PDT by fruser1

Social Security's retirement fund is set to run short in just seven years — which could end up slashing benefits for millions of Americans by thousands of dollars a year.

According to latest projections, retirees could face automatic 24 percent benefit cuts as early as the end of 2032.

Social Security relies on its trust fund to provide monthly benefit checks to around 70 million Americans.

Once the reserves are exhausted, federal law requires that benefits be cut to match incoming revenues

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections; United Kingdom
KEYWORDS: agitprop; concerntroll; dailywail; demagogicparty; disinformation; dnctalkingpoint; dnctalkingpoints; fakenews; fica; mediawingofthednc; misinformation; ntsa; openborders; panicporn; partisanmediashill; partisanmediashills; socialsecurity; tds; tillyarmstrong; unitedkingdom
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The great ponzi scheme is cracking.
1 posted on 07/24/2025 2:05:51 PM PDT by fruser1
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To: fruser1

And of course, I am set to start taking it in 2033!


2 posted on 07/24/2025 2:06:58 PM PDT by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))
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To: fruser1
Social Security relies on its trust fund to provide monthly benefit checks to around 70 million Americans.

There is no "trust fund."

Just a stack of IOUs from the gangsters in Congress.

3 posted on 07/24/2025 2:09:27 PM PDT by E. Pluribus Unum (Democrats are the Party of racism, anger, hate and violence.)
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To: fruser1

But they have billions to waste on embassy swimming pools, making the Fed Reserve like Mar a Largo, and 10 digit checks to whoever our greatest ally is at the time.


4 posted on 07/24/2025 2:09:37 PM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: E. Pluribus Unum

I found the “trust fund”.

https://moneymorning.com/2017/03/31/the-social-security-trust-fund-is-just-a-stack-of-ious-in-a-west-virginia-filing-cabinet/

Just keep a 24/7 guard on the file cabinet and we are good to go.

Lol.


5 posted on 07/24/2025 2:11:57 PM PDT by cgbg (It was not us. It was them--all along.)
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To: fruser1

Not going to happen. The blue hair revolt would be huge. They will raise the retirement age and remove the income cap before they cut current recipients.


6 posted on 07/24/2025 2:12:07 PM PDT by Right Brother (I don't really care Margaret.)
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To: fruser1
The question for your elected congresscritter is:

who is collecting social security without having paid any into social security?

7 posted on 07/24/2025 2:12:55 PM PDT by eeriegeno (Checks and balances??? What checks and balances?)
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To: fruser1

Millions of elderly, who are no longer concerned about life in prison.

Who could avoid family debt by using free healthcare provided by correctional institutes.

I see a problem brewing.


8 posted on 07/24/2025 2:13:31 PM PDT by NoLibZone (Trump failures: leaving Antifa off Terror list,Market chaos, Bondi. )
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To: tumblindice

It’s time to send more money to another country.

Calling people names for not wanting to send more money to Israel doesn’t sound like such a great idea when one reads this does it.


9 posted on 07/24/2025 2:14:54 PM PDT by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS, REMEMBER REV; NIEMOLLER)
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To: fruser1

They’ll just print more money


10 posted on 07/24/2025 2:15:06 PM PDT by guitar Josh
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To: E. Pluribus Unum

“Just a stack of IOUs from the gangsters in Congress.”

Calling them gangsters is unfair... to gangsters.


11 posted on 07/24/2025 2:15:26 PM PDT by FKASomeoneElse (Heads on swivels, boys and girls. The Zombie Apocalypse ain't got nothing on what's coming.)
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To: Dr. Sivana

Don’t worry about the illegals. They will still receive FREE healthcare, housing, schooling and flights back to their homeland any time they want on YOUR dime.


12 posted on 07/24/2025 2:15:29 PM PDT by BipolarBob (I live by trial and error. Mostly error.)
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To: eeriegeno

Where does the money come from for SSI disability payments? If that money comes from people who pay into Social Security, then it makes the many people who are scamming the system all the worse.


13 posted on 07/24/2025 2:15:34 PM PDT by Freee-dame
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To: fruser1

could


14 posted on 07/24/2025 2:15:54 PM PDT by central_va (The I won't be reconstructed and I do not give a damn...)
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To: Right Brother

Cut government waste and fraud by .0001% and fully fund it forever!
Never a shortage of funds for Ukraine, the UN, Medicaid for illegals, SNAP, National Endowment for the Arts, and on, and on.
There is no legitimate reason for there to be a shortfall in SS. NONE!


15 posted on 07/24/2025 2:16:13 PM PDT by Fireone (1.Avoid crowds 2.Head on a swivel 3.Be prepared to protect & defend those around you 4.Avoid crowds)
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To: fruser1

The road to hell is paved with “good intentions” and “warm fuzzy feelings”.


16 posted on 07/24/2025 2:16:44 PM PDT by Frank Drebin (And don't ever let me catch you guys in America!)
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To: fruser1

Ah yes… SS is fine for the past 4 years but they just discovered this problem 6 months into Trumps term…


17 posted on 07/24/2025 2:19:11 PM PDT by Skywise
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To: Right Brother

Cutting the income cap is a better way to raise revenue for SS.


18 posted on 07/24/2025 2:21:19 PM PDT by wild74
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To: fruser1

Ever since they moved it into the general fund (RATS DID IT), it was doomed.


19 posted on 07/24/2025 2:21:29 PM PDT by boomop1 (term limits NOW)
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To: fruser1

With all the waist, misappropriation, stealing and giving away money to foreigners, people are going to demand their thieving hands be cut off and a “debunk” shoved up their azzes. There’s going to be a lot of very angry people.


20 posted on 07/24/2025 2:21:59 PM PDT by virgil (The evil that men do lives after them )
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