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Social Security shortfall expected to accelerate, with funds at critical low in 2032 The Washington PostSocial Security retirement trust fund will run dry in 2032 unless Congress acts CNNAARP: New Social Security report should be ‘wake-up call' The HillSocial Security insolvency now projected for 2032, putting benefits at risk of a 22% cut CBS News
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The trust fund for the program, which supports roughly 68 million Americans, is on schedule to be depleted in the next six years. Benefits could be cut on average by 22 percent.
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A trust fund that helps to finance Social Security benefits is expected to run out of money in less than seven years — unless Congress acts to patch the system before that.
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