Browsing Tag
Committee for a Responsible Federal Budget
11 posts
2026 Social Security Trustees Report Moves Insolvency to 2032
Report dropped this morning projects the retirement trust fund will be depleted in Q4 2032, triggering an automatic 22% reduction in benefits absent congressional action and intensifying calls for bipartisan reforms
Social Security Insolvency Could Trigger $500 Average Monthly Benefit Cut by 2032
New analysis from the Committee for a Responsible Federal Budget estimates trust fund exhaustion would slash monthly Social Security benefits by 24%
Americans Want Affluent to Foot the Bill for Social Security Fix
Means testing garners strong support in Reagan National Economic Survey asking how program’s looming shortfall should be addressed
Six-Figure Social Security Cap Proposed to Boost Program Solvency
CRFB’s plan would limit benefits for top earners to close funding gaps, but critics such as The Senior Citizens League warn the move amounts to a benefit cut seniors overwhelmingly oppose
Trump FY 2027 Budget Holds Social Security Funding Flat
Budget request dropped Friday keeps SSA funding unchanged, but draws criticism over agency underfunding and domestic program cuts as Republicans back what would be a major defense spending increase
Analysis of New Social Security Trustees Report Exposes Harsh Realities
Accelerating insolvency timelines, high costs of fixes and inaction on Capitol Hill contributing to bedrock retirement program’s ever-growing financial troubles
Social Security Solvency Clock Ticking as Wait Drags On for 2025 Trustees Report
Overdue report will bring updated projections on insolvency timeline and potential benefit cuts; help advisors and clients plan for uncertainties
Trump Social Security Plan Would Hike Benefit Cuts, Speed Up Insolvency: CRFB Analysis
If former President’s pledges on campaign trail were to be enacted, budget watchdog says looming cut would have to go from 23% to 33% and insolvency occurs 3 years earlier
Typical Retiring Couple Facing $16,500 Social Security Benefit Cut in 2033
Updated report from budget watchdog puts annual figure on looming 21% benefit cut absent congressional action
Absent Action, Typical Couple Faces $17,400 Social Security Benefit Cut in 2033
Committee for a Responsible Federal Budget report shows potential dollar impact of a 23% benefit cut that would happen in a decade without lawmakers stepping in