Social Security recipients may get bigger benefit boost in 2027
The 2027 Social Security COLA estimates range from 3.4% to 3.6%, topping the 2.8% increase for 2026, with September CPI inflation data still to come.
Federal budget deficit reaches $2T in first 11 months of fiscal year 2026, CBO reports
The CBO reports the federal budget deficit hit $2 trillion as Social Security, Medicare and Medicaid spending surged alongside rising debt costs.
America's $40T national debt is 'stealing from our next generation,' economist warns
The national debt topping $40 trillion and the looming insolvency of Social Security in 2032 require the urgent attention of policymakers to implement reforms, an economist warns.
US national debt hits $40 trillion milestone for first time ever
The U.S. national debt topped $40 trillion as interest costs now exceed national defense spending and the debt doubled in under 10 years.
One type of Social Security adjustment could cut the 75-year shortfall in half
A flat-rate COLA proposal could close 50% of Social Security's 75-year fiscal shortfall, but the cost of waiting since 1987 has been enormous.
New bipartisan plan seeks to prevent Social Security benefit cuts before trust fund depletion
The bipartisan PROMISE Act forces a floor vote on Social Security reform before the trust fund's 2032 depletion triggers a 22% cut to Americans' benefits.
Social Security recipients could see bigger cost-of-living adjustment in 2027, new forecast says
A 3.8% Social Security COLA for 2027 could raise average benefits by $73.62, but the larger adjustment may accelerate trust fund insolvency.
Why Ramsey financial expert says there's 'no magic age' to claim Social Security
Ramsey personality and financial expert George Kamel warns that claiming Social Security early is driven by fear, not strategy, as the 2032 trust fund depletion deadline looms.
Social Security insolvency headlines are ‘classic fear-mongering, not based in reality’: George Kamel
Ramsey Show personality and co-host George Kamel breaks down fact from fiction about Social Security fund depletion with Fox News Digital.
National debt interest and entitlement spending push FY2026 federal budget deficit toward $2 trillion
Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.
Some Social Security recipients will receive 2 payments in July
A calendar quirk means SSI beneficiaries will receive two payments in July, with the second going out July 31 due to August 1 falling on a Saturday.
Why claiming Social Security early out of fear that the program will run dry is 'bad advice,' Suze Orman says
Suze Orman warns against viral advice to claim Social Security at 62, saying it locks retirees into a permanent 30% penalty they cannot undo.
Social Security has less than 10 years before reserves are exhausted, new trustees report warns
House Speaker Mike Johnson says entitlement programs must be adjusted, as the Social Security trust fund will exhaust reserves by late 2032, with only 78% of benefits covered.
Trump claims Vance’s anti-fraud task force could ‘save Social Security’ and balance budget
President Donald Trump announced that a new federal task force led by JD Vance is cracking down on entitlement fraud to protect Social Security from insolvency.
Americans split on how to save Social Security from insolvency as 2032 deadline looms, poll finds
Americans are split on how to fix Social Security before projected 2032 insolvency, with most opposing tax hikes, benefit cuts, and raising retirement age.
Social Security recipients could see a bigger cost-of-living adjustment in 2027 as inflation rises
Social Security beneficiaries may see a larger cost of living adjustment in 2027, with estimates predicting a 3.9% COLA amid rising inflation concerns.
Ted Cruz says Trump Accounts are 'Social Security personal accounts' that could reshape retirement
Sen. Ted Cruz calls Trump accounts for newborns "Social Security personal accounts," saying they could build momentum for future payroll tax reform.
Work more, lose less? New bill aims to end Social Security penalty
A proposed bill from Sen. Rick Scott and Rep. Greg Murphy would let Social Security beneficiaries work without having their benefits reduced.
Social Security’s next COLA projection might not go as far as retirees hope
A new analysis projects Social Security's 2027 cost of living adjustment at 2.8%, potentially raising the average retiree benefit by about $57 per month.
Larry Fink calls for Social Security reform, says investing a portion of funds could strengthen the program
BlackRock CEO Larry Fink says Social Security's pay-as-you-go structure prevents most Americans from building wealth that grows with the broader economy.