US Edition
Social Security's 90th Anniversary Highlights Looming Funding Shortfall
- Social Security marked its 90th anniversary on August 14, 2025, providing benefits to nearly 70 million Americans nationwide and supporting over 494,000 seniors in South Carolina.
- Experts warn that the Social Security Trust Fund may run out by 2033, prompting concerns about the program’s ability to continue paying full benefits without changes from lawmakers.
- The Trump administration has taken steps including staff cuts and office closures at the Social Security Administration, actions condemned by lawmakers fearing privatization and reduced service quality.
- Proposed legislation seeks to block the privatization of Social Security and mandate congressional consent for significant changes to the Social Security Administration, aiming to safeguard the interests of over 70 million individuals who depend on the program.
- If no reforms occur, beneficiaries could face cuts up to 23%, but debates continue with some advocating expanding benefits and others calling for program restructuring to ensure solvency.
Insights by Ground AI
Does this summary seem wrong?
69 Articles
69 Articles
Social Security has existed for 90 years. Why it may be more threatened than ever
When President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago this week, he said it would provide economic stability to older people while giving the U.S. "an economic structure of vastly greater soundness.''
·Minneapolis, United States
Read Full Article
Social Security's 90th anniversary is marked by funding threats and privatization talk (World)
When President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago this week, he vowed it would provide economic stability to older people while giving the U.S. "an economic structure of vastly greater soundness.' Today, the program provides benefits to almost 69 million ...
·Kelowna, Canada
Read Full ArticleCoverage Details
Total News Sources69
Leaning Left16Leaning Right15Center23Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 30%
C 43%
R 28%
Factuality
To view factuality data please Upgrade to Premium
