Story perspectives
Experts Warn: Social Security Funds Could Run Dry by 2034
6/18/2025
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Story summary
- The Social Security trust funds could be exhausted by 2034, allowing only 81% of benefits to be paid.
- Medicare's hospital insurance trust fund is expected to remain viable until 2033, covering 89% of benefits.
- The Social Security Fairness Act has expedited the depletion of these funds.
- Experts urge Congress to take immediate action to prevent funding shortfalls and benefit reductions.
