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Old-Age and Survivors Insurance

Coverage of Old-Age and Survivors Insurance in the Nexus archive.

Earliest in view: Jun 17 · 07:04 UTCMost recent: Jun 17 · 07:04 UTC
Co-mentioned in this coverage
Social Securitytopic1Committee for a Responsible Federal Budgetorganization1Scott Bessentperson12026 Social Security Trustees’ Reporttopic1One Big Beautiful Billtopic1
Recent coverage
  • POLITICSJun 17 · 07:04 UTCFORTUNE
    ‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983

    The 2026 Social Security Trustees’ Report warns the program faces insolvency, with a projected 22% benefit cut in six years if no action is taken. The Old-Age and Survivors Insurance trust fund is expected to deplete by 2032, driven by demographic shifts and a 4.42% actuarial shortfall equivalent to $31 trillion. Treasury Secretary Scott Bessent opposes tax increases or benefit cuts, advocating economic growth to address the crisis.