Talk of The Villages Florida - View Single Post - Social Security Retirees Could Face $18,000 Cut
Thread: Social Security Retirees Could Face $18,000 Cut
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Old 07-30-2025, 08:11 AM
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Quote:
Originally Posted by biker1 View Post
No. Benefits could be cut by about 20% in 2033 when the Trust Fund is depleted. However, the chances of this happening are small as Congress will, in all likelihood, address the issue so that benefits aren't cut. The article simply addresses what could happen if no action is taken. This has been well known for quite some time. Must have been a slow news day.
I would like to be optimistic but you point out the reality in your post:

This has been well known for quite some time. Congress could have addressed the issue so no benefits are cut. Yet that hasn’t been done so here we are. They still could make changes but it’s far easier to keep kicking the can while claiming there is no problem.
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