WASHINGTON (Nexstar) – The government says by the year 2032, it won’t be able to pay Social Security recipients their full benefits unless Congress acts.
Government projections say the Social Security fund won’t have enough money in nine years.
“If Congress doesn’t do anything, we would have an immediate 23% cut in the benefits for everybody,” said Peterson Foundation CEO Michael Peterson.
Harrison 150 Celebration Underway
UA Northark Finalizes Degree Program with UAM
Federal Officials Highlight Sleep Deficit Affecting Nearly Half of U.S. Adults
Cool Saturday Leads to Warm-Up Beginning Sunday
State Officials on Hand for Route 66 Centennial Kick-off, Talk 1-44 Improvements