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Trump's Policies Are Pushing Social Security Trust Fund Depletion To Just 6 Years Away
2+ day, 17+ hour ago (924+ words) Social Security faces a funding gap by 2032, with Trump's tax law adding to the strain. Social Security has been on a well-documented path toward a funding shortfall for years, but the policies enacted and proposed during the Trump administration have…...
How Boomers voted the next generation a $40 trillion debt??? and counting
3+ day, 9+ hour ago (800+ words) How Boomers voted the next generation a $40 trillion debt — and counting fortune.com How Boomers voted the next generation a $40 trillion debt, and counting The United States’ national debt crossed $40 trillion last month. Five months earlier, in March, the more…...
National Debt Hits $40 Trillion—How Prepared Is Your State?
4+ day, 7+ hour ago (444+ words) Center for State Competitiveness by Andrew Wilford September 09, 2026 Last month, the national debt hit $40 trillion. For such a monumentally dubious achievement, it received relatively little attention. It’s not that hard to understand why—while it took us 192 years to accumulate…...
Commentary: Soaring debt is bucket of ice water
4+ day, 5+ hour ago (642+ words) The recent news that our national debt has swollen to $40 trillion should be the “bucket of ice water” America needs to finally address our financial woes. Our nation is on an unsustainable borrowing trajectory, and it is getting much worse....
Payroll tax shortfall more than $210 billion compared to Social Security expenses, Andrew Follett argues
4+ day, 8+ hour ago (390+ words) Traders Union - Payroll tax does not cover Social Security gap Payroll tax shortfall more than $210 billion compared to Social Security expenses, Andrew Follett argues Andrew Follett questions the effectiveness of the 12.4% payroll tax in addressing Social Security obligations. He claims…...
Commentary: Why America’s debt binge is starting to matter
5+ day, 6+ hour ago (430+ words) If long-term interest rates decisively breach the 5 per cent threshold, the impact could derail the AI boom, says Ruchir Sharma for the Financial Times. NEW YORK: Doomsday warnings about America’s rising debt date to the 1970s, when the US government began…...
Social Security trust fund projected to run dry by 2032
5+ day, 5+ hour ago (282+ words) Social Security’s retirement trust fund is projected to run dry by late 2032, according to the 2026 Social Security Trustees Report released June 9, marking a shift of one year earlier than last year’s forecast and setting the stage for automatic benefit cuts…...
We must reduce the national debt to head off economic catastrophe – San Diego Union-Tribune
5+ day, 16+ hour ago (145+ words) Re “The US national debt now stands at $40 trillion” (Aug. 19): Thank you for the article on our quickly increasing national debt. If we divide that debt by the number of people in the U.S., we find that every man,…...
Too quietly, the clock ticks down on Social Security's solvency
1+ week, 15+ hour ago (461+ words) We have less than six years before Social Security is insolvent. That’s less than one senatorial term. One tragic consequence will be the impact on roughly 50% of married and 75% of unmarried retirees who depend on it for the bulk of…...
Social Security Trust Fund Depletion Projected for 2034
1+ week, 1+ day ago (227+ words) The program's long-range actuarial deficit worsened to 4.42 percent of taxable payroll in 2026, up from 3.82 percent the prior year. The One Big Beautiful Bill Act reduced the program's actuarial balance by an estimated 0.16 percent of payroll. The Old-Age and Survivors Insurance…...